China Reform Holdings Corporation
Chinese State-Owned Investment Holding Company / From Wikipedia, the free encyclopedia
The China Reform Holdings Corporation (CRHC; Chinese: 中国国新控股有限责任公司; pinyin: Zhōngguó Guóxīnkònggǔ Yǒuxiànzérèngōngsī), is a Chinese state-owned investment holding company. The company's purpose is to make investments in industries related to the national security and economy of China.[1]
Quick Facts Native name, Company type ...
Native name | 中国国新控股有限责任公司 |
---|---|
Company type | State-owned enterprise |
Industry | Financial services |
Founded | 22 December 2010; 13 years ago (2010-12-22) |
Headquarters | Beijing, China |
Key people | Zhou Yubo (Chairman) |
Products | Asset management Securities brokerage Business consulting |
AUM | US$126 billion (December 2022) |
Parent | SASAC |
Subsidiaries | China Reform Fund Management China State-owned Asset Venture Capital Investment Fund China Reform Securities China Reform Consulting |
Website | www |
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In June 2022, Private Equity International ranked China Reform Fund Management, the private equity arm of CRHC as the largest private equity firm in Asia-Pacific based on total fundraising over the most recent five-year period.[2]
As of August 2022, CRHC had invested in 163 state-owned enterprises (SOEs) listed on Chinese stock exchanges with 75% of them being in strategic emerging industries.[3]