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)

10.9K

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

Chief Supervisor

Executive Vice President

Vice President

Vice President & Secretary to the Board of Directors

Vice President

Vice President

Vice President

Member, Leadership Team

Joint Company Secretary

Assistant to the President

Board of Directors

Chairman at China Huarong Asset Management Co., Ltd.

Deputy Director at National Institute of Financial Research

Vice President at China Huarong Asset Management Co., Ltd.

Vice President & Secretary to the Board of Directors at China Huarong Asset Management Co., Ltd.

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

Executive Director at CNOOC Ltd.

Independent Non-Executive Director at China East Education Holdings Ltd.

Professor at Peking University

Former Vice President at China International Futures Co. Ltd.

Non-Executive Director at China Huarong Asset Management Co., Ltd.

Paths to China Huarong Asset Management Co., Ltd.
Potential Connections via
Relationship Science
You
China Huarong Asset Management Co., Ltd.
Owners & Shareholders
Details Hidden

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.

Details Hidden

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
Details Hidden

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

Details Hidden

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

Details Hidden

Warburg Pincus LLC, Goldman Sachs Capital Partners, Shanghai Fosun Industry Investment Co., Ltd., China Huarong Asset Management Co., Ltd., Time Vanguard Holdings Ltd. purchase Royal Century Resources Holdings Ltd. from Genius Idea Holdings 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 2019
Market Capitalization
$4.64B
Total Enterprise Value
$152B
Earnings Per Share
$0.01
Three Year Compounded Annual Growth Rate Of Revenue
0.63%
Total Equity
$20.7B
Total Debt
$169B
EBITDA
$13.2B
Net Profit
$206M
Revenue
$12.9B
Debt TEV
1.11x
TEVNet Income
739.21x
Enterprise Value EBITDAOperating
11.51x
Enterprise Value / Sales
11.81x
EBITDAMargin
102.56%
Investments
Details Hidden

Beijing Hulian Zhongxin Technology Co., Ltd. engages in the operation of Internet financial service platform and the provision of non-performing asset processing services. Its main services include risk management and control, big data applications, telecommunications services, and asset disposal services. The company was founded by Hai Tao Ye on December 5, 2014 and is headquartered in Beijing, China.

Details Hidden

Bairong Yunchuang Technology Co., Ltd. is a company headquartered in Beijing, China, that provides financial information services. It was founded in 2014 by Shao Feng Zhang, Meng Su and Lin Sen Bo.

Investors
Details Hidden

Goldman Sachs Capital Partners focuses on investments across the globe. It 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.

Details Hidden

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.

Details Hidden

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, China

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.

ZJBC Information Technology Co., Ltd. IT Consulting & Services | Qinhuangdao, China

ZJBC Information Technology Co., Ltd. provides intelligent information transmission and communication network maintenance services. Its business areas include Commercial, Sale, Lease, Industry short messaging service, Telecommunications, Technology development, Maintenance, and Communication flow products. It also provides mobile Internet software development and application services. The company was founded on May 16, 1997 and is headquartered in Qinhuangdao, China.

Aeolus Tyre Co. Ltd. Wholesale: Industrial Products & Manufacturing | Jiaozuo, China

Aeolus Tyre Co., Ltd. is engaged in the tire industry. Its business scope includes the production and sale of radial tyre, consumer tyre, off-the road tyre, nylon truck and light truck tyre and export of self-produced products and its related technology, import of raw and auxiliary materials, machinery & equipment, spare parts & related technologies for its production uses; as well as Chinese-foreign joint ventures and consignment processing trading. Its other products are tilted tyre, machinery tyre, loader tyre and specially-made tyre for agricultural use. The company was founded in 1965 and is headquartered in Jiaozuo, China.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by China Huarong Asset Management Co., Ltd.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of China Huarong Asset Management Co., Ltd.'s profile does not indicate a business or promotional relationship of any kind between RelSci and China Huarong Asset Management Co., Ltd..