Linfen Investment Group

Linfen Investment Group
sovereign wealth fund
Traded as SSE: 124298 (bond)
Industry Utilities
Founded 17 January 2004 (2004-01-17)
Founder
  • Linfen Government
  • Party Committee of Linfen
Headquarters Linfen, China
Area served
 mainland China (mainly Linfen)
Revenue Decrease CN¥1.428 billion (2015)
Decrease (CN¥436.7 million) (2015)
Increase CN¥319.1 million (2015)
Total assets Increase CN¥34.165 billion (2015)
Total equity Increase CN¥13.641 billion (2015)
Owner Linfen Finance Bureau (100%)
Website lftzjt.com
Footnotes / references
in a consolidated basis[1]
Linfen Investment Group Co., Ltd.
Simplified Chinese 临汾市投资集团有限公司
Traditional Chinese 臨汾市投資集團有限公司

Linfen Investment Group Co., Ltd. is a Chinese sovereign wealth fund of Linfen Municipal Government, Shanxi Province. The company was the holding company of several utilities of the city.

In July 2016, Linfen Investment Group invested in a private equity fund based in Ningbo (Chinese: 宁波杭州湾新区乐然投资管理) for 28.53% stake, which in turn the fund owned 4.0434% stake of Leshi Zhixin, a subsidiary of Le.com.[2][3][4] Founder of Le.com, Jia Yueting, was also from Linfen.

References

  1. ↑ "2015 Annual Report" (PDF). Linfen Investment Group (in Chinese). Shanghai Stock Exchange. 27 April 2016. Retrieved 18 January 2017.
  2. ↑ "关于放弃控股子公司增资的优先认购权暨关联交易的公告" (PDF). Le.com (in Chinese). Shenzhen Stock Exchange. 14 January 2017 [Written on 13 January 2017]. Retrieved 18 January 2017.
  3. ↑ "关于公司重大事项暨引入战略投资者的公告" (PDF). Le.com (in Chinese). Shenzhen Stock Exchange. 14 January 2017 [Written on 13 January 2017]. Retrieved 18 January 2017.
  4. ↑ National Enterprise Credit Information Publicity System (in Chinese)]
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