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TEDA Holding
Chinese state-owned enterprise based in Tianjin From Wikipedia, the free encyclopedia
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TEDA Investment Holding Co., Ltd., known as TEDA Holding, is a Chinese state-owned enterprise based in Tianjin. The company was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of Tianjin Government.
TEDA was the acronym of Tianjin Economic-Technological Development Area. The Chinese name 泰达 (pinyin: Tài dá) was in turn the transliteration of TEDA.
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History
TEDA Holding (Chinese: 天津泰达投资控股有限公司), as the name suggested, was originally related to Tianjin Economic-Technological Development Area (Chinese: 天津经济技术开发区; acronym TEDA) as an investment vehicle of Tianjin Municipal People's Government.[2]: 3 It was founded in 1984,[2]: 3 after the marketization of China. It was renamed to the current name (from 天津经济技术开发区总公司) in 2001, after a merger with sister company TEDA Group (Chinese: 泰达集团) and Tianjin TEDA Construction Group (Chinese: 天津泰达建设集团).[2]: 3
It was later expended to multiple sector, which now included football club, securities trading services, trust investment company and steel manufacturing.[3]
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Subsidiaries
- Tianjin TEDA Group (100%)
- Tianjin TEDA Company (32.90%)
- Tianjin TEDA F.C. (85.4%)
- Tianjin Pipe Corporation (57%)
- Northern International Trust
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