凯发k8国际

Under the leadership of the SASAC, China Chengtong has taken the initiative in advancing the establishment of China Logistics Group, consisting of China Chengtong’s former companies from logist🃏ics section and the former China Railway Materials Group Corporation. China Chengtong becomes the major shareholder of China Logistics Group.

China Che🌜ngtong acquired 98.24% of New Times Securities’ equity.

China Chengtong initiateౠd the establishment of China Structural Reform Fund Phase II Co., Ltd.

China Chengtong as an important shareholder participated in the establishment of China Electrical Equipment Grou🍒p Limited.

Chin❀a Chengtong as an important shareholder participated in Ansteel Group’s equ💟ity diversification reform and Ansteel Group’s merger and restructuring of Ben Gang Group Corporation.

Chengtong Guohe Asset✅s Management Co., Ltd., a subsidiary of China Chengtong, wasꦛ established.

China Railway Materialsꦍ Company Limited under the trusteeship of China Chengtong went public on the Shenzhen Stock Exchange.

China State-ow𓂃ned Enterprises Mixed Ownership Reform Fund waܫs established.

China Chengtong as an important shareholder was actively involved in the restructuring of China Green Development 🍷Group.

China Chengtong becomes an importa🍷nt shareholder of National Petroleum and Natural Gas Pipe Network Group ♑Co., Ltd.

The 📖equity transfer of Tianjin Lishen Battery Joint-Stock Co., Ltd. to China Chengtong w🥃as completed.

Three funds companies were approved to issue?Central SOE Structural Reform ETF products, and successfully completed their cap✅ital raising activities.

Zhu Bixin was appoi꧒nted Secretary of the CPC Committee and Chairman of China Chengtong Holdings Group Ltd. by the State-Owned Assets Supervision and Administration Commission; Li Hongfeng was appointed Director, and Deputy Secretary of the CPC Committee of China Chengtong Holdings G꧅roup Ltd., and nominated as the Group’s General Manager.

Huacheng Investment Management Co., Ltd., the first central SౠOE under the trusteeship of China Chengtong, has fully completed the bankruptcy and market exit procedures.

Beijing Chengyang Investment C𓆉o., Ltd., a subsidiary of China Chengtonꦇg, was established.

Sinoocean Oღffshore Assets Management Limited, a ꦡsubsidiary of China Chengtong, was established.

China Chengtong held the 2019 Work Conference and the Seventh Session of the S🍌econd Workerꦜs’ Conference in Beijing.

In February 2019, China Chengtong held middle-level and above management meeting announcing relevant decisions by representatives from the State-owned Assets Supervision and Administration Commission of the State Council. Due to the fact that Ma Zhengwu is to be transferred to an important post, he was relieved of posts of Secretary of CPC Comm🐼ittee, Chairman and Director of China Chengtong Holdings Group Ltd. Zhu Bixin, China Chengtong’s Deputy Secretary of CPC Committee, Director and President, temporarily presides over the company’s overall work. In the meantime, Zhu Bixin will be in charge of China Railway Materials Group Corporation’s overall work in view of the trusteeship situation.

The Centra🅠l State-owned Enterprise (SOEs) Structural Reform I༒ndex ETF Feeder Fund was approved.

CSI Cent🗹ral SOEs’ Structural Reform Index (Shorter form: SOEs’ Structural Reform, Index code: 00860), launched by China Chengtong, was published.

China Chengtong h𝔉eld the 2018 Work Conference and the Sixth Session of the Second Workers’ Conference in Beijing, and set the target of building China Chengtong a first class state-owned capital operating♌ company.

On October 24th, China Chengtong’s Secretary of Party Committee and Chairman?Ma Zhengwu was elected the alternate?member?of?the?Central?Committee?of the 19th?Natio🏅nal Congress of the Communist Party of China.

On October 9th, the Vice Chairman of the Chinese People’s P♏olitical Consultative Conference (CPPCC) and the President of the China-Russia Friendship Association Chen Yuan visited Greenwood?International Trade Centre?and attended the?Chinese-Russian Financial Cooperation Forum was held in Greenwood.

On October 10th, Chengtong Real Estate Investment Co., Ltd. (Chengtong Real Eಞstate Investment) held its shareholder forum in the Group’s headquarters. The establishment of Chengtong Real Estate Investment?has provided China Chengtong, the capital operating company, another important platform for asset allocation business.

On October 27th, CTS International Logist൲ics Corporation Limited (CTS International) held its officials’?meeting, board of directors meeting and shareholders meetin💖g, which marks the completion of smooth?transfer of?CTS International’s controlling stake and registration to China Chengtong, and?has laid a solid foundation for the healthy and sustainable development of CTS International.

On Septembไer 7th, the Vice Chairman and Member of the State-owned Assets Supervision and Administration Commission of the State Council CPC Committee, Meng Jianmin⛄, visited Greenwood International Trade Centre and?unveiled the Greenwood Exhibition Hall.

On September 24th, China Chengtong held the appraisal meeting on the topic The Exploration and Practice of the Party Building Work Under the New Situ🦩ation of th🍸e State-owned Capital Operation Company.

On August 1st, China Chengtong Investment Co., Ltd., a subsidiary of China Chengtong, successfully issued $500 million worth of 5-y𝐆ear Reg S bonds, marking the first appearance of state-owned capital operat🐈ing companies in the international capital market and attracting widespread attention of the international investors.

On August 28th, the signing ceremony of Beijing Structural Mixed Ownership Reform Investment Fund𓆏 Sponsorship Aꦺgreement was held in Beijing.

On April 25th, the Chairman of the State-owned Assets Supervision and Administ༒ration Commission of the State Council,?Xiao Yaqing, visited?China Chengtong and presided over?State-owned Assets Operation Company Pilot Projects?Symposium at China Chengtong.

The Secretarial Group of the Leading Group of the Central Party Building Work, the Party Building?Bureau of the SASAC visited China Chengtong and guided i🅠tsꩵ?Party building?work.

On Marc▨h 29th, the founding meeting of Chengtong Huan Investment Co. Ltd.?was held in Beijing.

On February?8tไh✃, Secretary of the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council,?Hao Peng,?visited China Chengtong and learned about its corporate reform and development, and Party building work.

From January 16 to 17, China Chengtong held its 2017?Work Conference and the 5th Session of the 2nd?Workers’?Conference in Beijing, and laid out the annual work target for 2017 as ‘establishing common understanding, gathering strength and speeding up reform in order to?build a new mechan🍷ism of all-round state-owned capital operation’.

On September 26th, the establishing conference and the inaugurating ceremony of China Structural Reform Fund Corporation ൲Limited was held in Beijing. Approved by the State Council and entrusted by the State-owned Assets Supervision and Administration Commission of the State Council, China Chengtong joined hands with Postal Savings Bank of China Co., Ltd.🍨, China Merchants Group Limited, China North Industries Group Corporation, China Petrochemical Corporation, Shenhua Group Corporation Limited, China Mobile Communications Corporation, CRRC, China Communications Construction Group Co., Ltd., and Beijing Financial Street Investment Co., Ltd. to initiate the establishment of China Structural Reform Fund Corporation Limited. The fund has a value of RMB 350 billion, making it the largest private equity fund in China to date. RMB 131 billion was raised during the initial stage.

On April 29th, entrusted by the?State-owned Assets Supervision and Administration Commission of the State Council, China Chengtong?got enga💖ged in the trusteeship of China Railway Materials Company Limited.

Upon the decision made by SOE Reform Leading Group of the State-owned Assets Supervision and Administration 🐽Commission of the State Council, China Chengtong was identified as?the pilot un♈it of the state-owned capital operation.

On J🐭une 29th, Premi💝er Li Keqiang and Belgian Prime Minister Charles Michel?witnessed the signing of MOU between?China Chengtong’s?Chairman Ma Zhengwu, China Development Bank’s?Chairman Hu Huaibang and Belgian Antwerp Port Authority Chairman Marc Van Peel in Brussel to co-build the Sino-European and Sino-African logistics and trading platform, marking a historical step taken by China Chengtong?to carry out the ‘Belt and Road Initiative’.

From April 21-22, Chengtonꦓg Holdings?Group Ltd.’s?2nd?Congress of the Communist Party of China was held in Beꦐijing.?A?new term of Party committee and discipline inspection committee?were elected in the Congress, and it also raised?the goals of China Chengtong?in the coming five years.

On May 21st, the People’s Daily published the article entitled Implemen♈t the Party’s Mass Line?and?Serve State-owned Capital?Reform?by China Chengꦓtong’s Chairman Ma Zhengwu.

On March 1st, the management of MCC Paper Group Co., Ltd. was transfe🔴rred to China Chengtong.

On October꧃ 19th, China Chengto🌠ng held the 20th?Anniversary Commemoration Conference?and press conference?for its?1st?Social Responsibility Report.

On June 19th,?during his visit to?Russia,?Member of the Standing Committee of the Political Bureau of the CPC Central Committee, Secretary of the CPC Central Commission for Discipline Inspection He G꧅uoqiang visited?the Greenwood International Trade Center invested by China Chengtong.

On Ju🦩ne♛ 28th, Chengtong Finance?Co. Ltd. opened up.

On November 21st, t🍸he appraisal meeting of the research topic ‘China Chengtong’s Practice, Experience and Thoughts?of Pilot Reform’?was he♔ld in China National School of Administration.

On September 16th, Member of the Standing 𓄧Committee of the Political Bureau of the CPC Central Committee, Chairman of the NPC Standing Committee Wu Bangguo visited the Greenwood I💝nternational Trade Center and unveiled the nameplate on the opening ceremony during his visit to Russia.

China Commerce Group Co. Ltd. merged into China Chen🅷gtonꦍg.

Approved by the State-owned Assets Supervision and Administration Commission of the State Council, China Chengtong included ‘forestry pulp paper production, development and utilization’ as major business and China Chengtong’s paper business☂ jumped up to top five nationwide.

China🎶 Chengtong’s implementation of ‘Going Global’ strategy made great break-through by completing the 🥂biggest overseas commercial and trading investment of China to date. A commercial and trading platform for Chinese commodities in Russia, East-Europe and other areas o Europe is to be built.

On June 1st, Xi Jinping, then Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice President, made important instructions on China Chengtong’s work, ‘China Chengtong's earnest implementation of the study and practice of the Scientific Outlook on Development activities among businesses experiencing difficulties is very good. We should take these study and practice activities as an opportunity to strengthen our efforts to guide state-owned enterprises, especially those facing difficulties, to adhere to the principle of classification, to push forward reform and reorganization, to provide practical solutions to specific?problems, in order to make those study and practice activities really efficient, to enable people to clearly see actual results, and to ensure that we do not neglect neither♍ Party affairs, nor business operations or production, but rather resolve to combine them in a cooperative manner.’?

China Chengtong decided to focus its efforts on three parts, namely, to develop the advantageous enterprises, to foster and incubate new enterprises, and to quit difficult enterprises. It has proposed that꧋ by 2015 China Chengtong would develop into an assets management corporation with assets and revenue over RMB 100 billion, playing a unique role in the national economy adjustment by serving central state-owned enterprises’ restructuration.

China Chengtong completed the transformation and mass distribution of former staff in eight Putian units, China Huandao Group Co., and China Record Corporation and 11 military enterprises that it had earlier merged, and assets managem🎉ent harvested considerable fruits at this stage.

China Chengtong realized a RMB 24.55-billion main 💯business revenue and 59.1-million-ton cargo-handling capacity. Trade sales volume arrived at 10.23 million tons, with a total profit of RMB 433 million. ROE was 3.07%, making a historical high. China Chengtong as a whole has achieved a monumental development.

As the first central state-owned enterprise to end the trusteeship, China Huandao Group Co. merged into China Chengtong, making it a landmark꧅ case for significant progress achieved in the pilot work of the SASAC’s assets operation companies.

China Chengtong continued pushing forward its pilot work in the board of directors, and became a national assets management pilot with the authenticity of Document [2005]1🐠16 granted by Department of National Assets Management of the State-owned Assets Supervision and Administration Commission of the State Council. China Chengtong has actively explored a new 𒐪way to central state-owned enterprises’ layout and structural adjustment, and expanded the room for its owned development.

A set of new developing goals were stated in China Chengtong’s Party Congress. They were: by 2008, business revenue would reach RMB♒ 20 billion; cargo throughput would grow to 50 million tons, total profit would reach RMB 300 m𓃲illion, and per capita income would rise to RMB 50, 000; China Chengtong would join the list of key national large circulation enterprise recognized by Department of Commerce.

China Chengtong became the first batch of pilot enterprises identified by the State-owned Assets Supervision and Administration Commission of the State Council, which helped China Chengto♎ng perfect its corporate governance structure and laid a solid foundation for its further development.

China Chengtong clarified its goals for logistics dev🉐elopment strategy: by 2007, the main business revenue and the total profit would quadruple, and staff’s per capita income dou🌃ble, and ROE would reach 4%. China Chengtong would develop into an excellent enterprise in the industry.

Chinaꦫ Chengtong invited A.T. Kearney, the famous global management consulting firm, to finalize the direction of China Chengtong’s modern logistics developme🌼nt strategy.

China Chengtong compl🍎eted its transformation. With 62 enterprises being stripped off, China Chengtong succeeded in making profit in the same year, and became an enterprise directly 💙governed under Central Work Committee for Large Enterprises.

China Chengtong’s parent body began to t🌃ransform and established a parent-subsidiary 🌟system.

19 enterprises directly under the former Department o𒈔f Materials formed China Huatong Group (former name of China Ch💧engtong), aiming at becoming a national goods and material group.

Prior to 1992,🅷 China Chengtong’s su🦄bsidiary member enterprises served as circulation channels and played the role of ‘reservoir of national economy’.