China Fortune Trust

China Fortune International Trust
subsidiary
Industry Financial services
Predecessor Foshan International Trust Investment
Founded 24 December 2008 (2008-12-24)
Founder Huadian
Revenue Increase CN¥000946 million (2014)
Increase CN¥000706 million (2014)
Increase CN¥000523 million (2014)
AUM Increase CN¥160.815 billion (2014)
Total assets Decrease CN¥003.289 billion (2014)
Total equity Increase CN¥003.131 billion (2014)
Owner
  • Chinese Central Government
  • (via Huadian (100%))
Parent
Huadian(direct)
SASAC(intermediate)
State Council(ultimate)
Website cfitc.com
Footnotes / references
source[1]
China Fortune International Trust
Simplified Chinese 华鑫国际信托
Traditional Chinese 華鑫國際信託
China Fortune Trust
Simplified Chinese 华鑫信托
Traditional Chinese 華鑫信託

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.

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.

Private equity funds

  • 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

  1. ↑ "2014 Annual Report" (PDF) (in Chinese). China Fortune International Trust. 4 May 2015. Retrieved 11 February 2017.
  2. ↑ "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.
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