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.
Company type | subsidiary | ||||||
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Industry | Financial services | ||||||
Predecessor | Foshan International Trust Investment | ||||||
Founded | 24 December 2008 | ||||||
Founder | Huadian | ||||||
Revenue | CN¥ 946 million (2014) | ||||||
CN¥ 706 million (2014) | |||||||
CN¥ 523 million (2014) | |||||||
AUM | CN¥160.815 billion (2014) | ||||||
Total assets | CN¥ 3.289 billion (2014) | ||||||
Total equity | CN¥ 3.131 billion (2014) | ||||||
Owner |
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Parent |
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Website | cfitc.com | ||||||
Footnotes / references source[1] |
China Fortune International Trust | |||
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Simplified Chinese | 华鑫国际信托 | ||
Traditional Chinese | 華鑫國際信託 | ||
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China Fortune Trust | |||
Simplified Chinese | 华鑫信托 | ||
Traditional Chinese | 華鑫信託 | ||
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History
editChina 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.[citation needed]
Private equity funds
edit- Xinbao N°47 Trust: 99.67% stake of Taishan Huacheng Technology (a shareholder of Puhua Investment and Taian Bank) as pledge, CN¥1.371 billion borrowed to Jiexintai.[2]
References
edit- ^ "2014 Annual Report" (PDF) (in Chinese). China Fortune International Trust. 4 May 2015. Retrieved 11 February 2017.
- ^ 华鑫信托·鑫保47号集合资金信托计划 (in Chinese). China Fortune Investment Trust. 2016. Retrieved 10 February 2017.
External links
edit- Official website (in Chinese)