China Fortune International Trust Co., Ltd. known as China Fortune Trust is a Chinese investment management company which license to create private equity fund (as trust). The company is a wholly owned subsidiary of state-owned
China Huadian Corporation
China Huadian Corporation (Huadian Group; ) is one of the five largest state-owned power generation enterprises in China, administrated by SASAC for the State Council. It engages in the generation and supply of electricity and heat, and the deve ...
.
History
China Fortune International Trust Co., Ltd. was re-registered on 24 December 2008, after
Huadian acquired the license from dormant company Foshan International Trust Investment Co., Ltd.. The company was also relocated from
Foshan to
Beijing
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Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
.
Private equity funds
* Xinbao N°47 Trust: 99.67% stake of Taishan Huacheng Technology (a shareholder of
Puhua Investment and
Taian Bank) as pledge, borrowed to Jiexintai.
References
External links
*
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Financial services companies of China
Private equity firms of China
Companies based in Beijing
Chinese companies established in 2008
Government-owned companies of China