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.[citation needed]
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
^"2014 Annual Report"(PDF) (in Chinese). China Fortune International Trust. 4 May 2015. Retrieved 11 February 2017.
^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.