China Huarong Asset Management Co., Ltd.

China Huarong Asset Management Co., Ltd.

China Huarong Asset Management Co., Ltd.

Overview
Date Founded

2012

Type of Company

Public

Employees (Worldwide)

11.8K

Industries

Investment Services & Portfolio Management

Company Description

Incorporated on September 28, 2012 upon approval of the State Council, China Huarong Asset Management Co., Ltd. (Stock Code: 2799.HK, hereinafter referred to as “China Huarong”) is a state owned non-banking financial institution co-sponsored by the Ministry of Finance and China Life. The Company was previously known as China Huarong Asset Management Corporation, which was established on November 1, 1999 as one of China's four leading financial asset management companies. On October 30, 2015, the company was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”).The Company has developed a service network covering 30 provinces, autonomous regions, municipalities and Special Administrative Regions in China including Hong Kong and Macao with 33 branches (offices) and many subsidiaries nationwide.

Executives & Employees

President

Executive Vice President

Vice President

Vice President

Vice President

Member, Leadership Team

Assistant to the President

Chairman

Assistant GM-Subsidiary Management Department

Joint Secretary

Board of Directors

Chairman at China Huarong Asset Management Co., Ltd.

President at China Huarong Asset Management Co., Ltd.

Assistant to President at China Huarong Asset Management Co., Ltd.

Executive Director at CNOOC Ltd.

Professor at Nankai University - School of Economics

Counsel at All China Lawyers Association

Director-Non Banking Division at China Banking Regulatory Commission (China)

Professor of Finance at Shanghai Jiaotong University - Shanghai Advanced Institute of Finance

Former Deputy Director at The People's Bank of China

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China Huarong Asset Management Co., Ltd.
Owners & Shareholders
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NCSSF has a preference for fixed-income securities and lower-risk equity products, and uses a combination of direct investments and mandates to external managers. Equity investments are typically made through mutual fund management companies, in particular domestic fund managers. The bulk of the fund's assets are invested domestically, complemented with investments in emerging markets and Europe. Foreign investments are generally indirect. NCSSF also invests marginally in private equity.

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NCSSF has a preference for fixed-income securities and lower-risk equity products, and uses a combination of direct investments and mandates to external managers. Equity investments are typically made through mutual fund management companies, in particular domestic fund managers. The bulk of the fund's assets are invested domestically, complemented with investments in emerging markets and Europe. Foreign investments are generally indirect. NCSSF also invests marginally in private equity.

Recent Transactions
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Harbin Electric Co. Ltd. purchases Harbin Boiler Co., Ltd. from China Huarong Asset Management Co., Ltd.

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China Huarong Asset Management Co., Ltd. issued HKD Common Shares

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Huarong International Trust Co., Ltd. purchases Taixing Zhongnan Century City Real Estate Development Co., Ltd. from Jiangsu Zhongnan Construction Group Co., Ltd.

Transaction Advisors
Underwriter

Advised onChina Huarong Asset Management Co., Ltd. issued HKD Common Shares

Underwriter

Advised onChina Huarong Asset Management Co., Ltd. issued HKD Common Shares

Underwriter

Advised onChina Huarong Asset Management Co., Ltd. issued HKD Common Shares

Key Stats and Financials As of 2018
Market Capitalization
$43B
Total Enterprise Value
$1.27T
Earnings Per Share
$0.05
Revenue
$116B
Net Profit
$1.87B
EBITDA
$103B
EBITDAMargin
88.5%
Total Debt
$1.33T
Total Equity
$169B
Enterprise Value Sales
10.89x
Enterprise Value EBITDAOperating
12.31x
TEVNet Income
678.57x
Debt TEV
1.05x
Three Year Compounded Annual Growth Rate Of Revenue
11.81%
Five Year Compounded Annual Growth Rate Of Revenue
22.31%
Investments
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Beijing Hulian Zhongxin Technology Co. Ltd. is a company headquartered in Beijing, China, that provides financial services online. It was founded by Hai Ye.

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100credit Financial Information Service Co. Ltd. is a company headquartered in Beijing, China, with a presence in China. The firm provides financial information services. It was founded in 2014 by Meng Su, Lin Sen Bo and Shao Feng Zhang.

Investors
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GS Capital Partners seeks long-term capital appreciation by committing equity to high-quality companies with superior management in a variety of situations, including LBOs, recapitalizations, and growth investments to fund acquisition or expansion.The firm invests across a range of industries in different forms of private equity instruments. Individual transactions vary considerably by industry, overall capital structure, geography, currency, stage of development, size and exit strategy.

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Khazanah investments are broadly categorized into Core Investments, which are primarily the commercial assets of the government that they hold and manage and New Investments, which are in new sectors and geographies which have been identified as having strong potential to build bolster the country's overall long-term competitiveness.The firm seeks to invest in Malaysia, Australia, Bangladesh, Brunei, Cambodia, China, India, Indonesia, Turkey, Middle East, North America, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam. They seek to invest across sectors and industries such as: agriculture, aviation, creative & media, education, financial services, healthcare, infrastructure & construction, innovation & technology, leisure & tourism, life sciences, power, property, sustainable development and telecommunications.

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CICC Jiacheng Investment Management Co. Ltd. is an active manager which invests in Chinese firms. It provides financing for early stage capital requirement. It focuses on sectors such as information technology and education.

Suppliers
Beijing Join-Cheer Software Co., Ltd. IT Consulting & Services | Beijing, BE

Beijing Join-Cheer Software Co., Ltd. engages in the research and development of computer software. Its major products are management software, e-government software, business intelligence software and ERP software. It provides software for government departments, corporate customers and other industries. The company was founded by Fu Jun Zhao and Yang Yao Ou on August 16, 1999 and is headquartered in Beijing, China.

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