China Orient Asset Management




Strategic state-owned investment and asset-management bank



































































China Orient Asset Management
Formerly
China Orient Asset Management Corporation
Type
state-owned enterprise
Industry Financial services
Founded 1999
Headquarters
Beijing
,
China

Area served
China
Services

  • merchant bank

  • asset management

  • Credit rating

Revenue
IncreaseCN¥12.7 billion (2012)
Operating income

Increase CN¥4.0 billion (2012)
Net income

Increase CN¥3.8 billion (2012)
Total assets
Increase CN¥193.0 billion (2012)
Total equity
Increase CN¥18.4 billion (2012)
Owner

  • Ministry of Finance of China

  • National Social Security Fund

Parent Ministry of Finance of China
Website coamc.com.cn

Footnotes / references
in a consolidated basis, commercial sector only[1]




























China Orient Asset Management Co., Ltd.
Simplified Chinese 中国东方资产管理股份有限公司
Traditional Chinese 中國東方資產管理股份有限公司







Alternative Chinese name
Simplified Chinese 东方资产
Traditional Chinese 東方資產
Literal meaning Orient Asset









China Orient Asset Management Co., Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.


The corporation runs in two major business units since 2006, one for general commercial activities (Chinese: 商业化业务), one for the management of the shares that converted from non-performing loans (Chinese: 政策性不良资产处置业务), which was classified as assets under management.[1]


In 2016 the corporation was re-incorporated as a "company limited by shares" (Chinese: 股份有限公司): China Orient Asset Management Co., Ltd. (Chinese: 中国东方资产管理股份有限公司) from China Orient Asset Management Corporation (COAMC, Chinese: 中国东方资产管理公司).[2]the National Social Security Fund and the Ministry of Finance were the shareholders. According to the company's news press, as at 30 June 2016 its net assets stood at CN¥55.6 billion. The former non-performing assets under management were converted to share capital, raising from CN¥10 billion to CN¥55.363 billion.[3]




Contents






  • 1 History


  • 2 Subsidiaries


  • 3 Portfolio companies


    • 3.1 Former portfolio companies




  • 4 References


  • 5 External links





History


Founded as a bad bank of Bank of China, Orient Asset also received Bank of China's asset management subsidiary Bangxin Asset Management in 2000, which itself was incorporated in 1994 as a subsidiary of BoC Shenzhen branch.[4]


In 2015 the group expanded as a full service financial conglomerate by acquiring the Bank of Dalian.[5]



Subsidiaries



  • Dong Yin Development (Holdings) (100%)[6]

    • Wise Leader Assets (100%)[6]

    • China Orient Asset Management (International) Holding (Chinese: 中国东方资产管理(国际)控股有限公司, 100%)[6]
      • China Orient Summit Capital International (Chinese: 东方藏山资产管理有限公司, 80%)[6]
        • China Orient Summit Capital Special Situations Fund (100%)[6][7]





  • Charming Light Investments (SPV for dim sum bond SEHK: 85723)[8]

  • Bangxin Asset Management (100%)


  • Bank of Dalian (39.70%)


  • China United Insurance Holding (51.01%)[9]


  • Dongxing Securities (58.09%, SSE: 601198)[10]


  • Chinese: 东方金诚 (a Credit rating service provider)




Portfolio companies




  • Baiyin Nonferrous (0.63%)


  • Dongbei Special Steel (16.6740%)[11]


  • Meishan Iron and Steel (7.02%)[12]


  • Shandong Jining Ruyi Woolen Textile (12.24%, SZSE: 002193)[13]


  • Shanghai Zendai Property [zh] (via COS Greater China Special Situations Fund for 18.17%, SEHK: 755)[6]


  • Tianjin Pipe Corporation (3.03%)[14]


  • Xishan Coal Electricity Group (5.67%)[15]




Former portfolio companies




  • China Kejian Co., Ltd. (SZSE: 000035)[16]


  • Dongfeng Motor Group (2001–2004)[17]


  • Rising Nonferrous Metals (SSE: 600259)[18][19]




References





  1. ^ ab "2012 Annual Report". China Orient Asset Management. archive of Shanghai Clearing House. 20 May 2013. Retrieved 13 October 2016..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "中国东方资产管理股份有限公司成立" [The establishment of China Orient Asset Management Co. Ltd.] (in Chinese). chinanews.com. 30 August 2016. Retrieved 13 October 2016.


  3. ^ "中国东方资产管理股份有限公司创立大会在京召开" [Establishment meeting of China Orient Asset Management Co., Ltd. was held in Beijing] (in Chinese). China Orient Asset Management. 30 August 2016. Retrieved 13 October 2016.


  4. ^ "邦信资产管理有限公司简介" [About us] (in Chinese). Bangxin Asset Management. Retrieved 9 January 2017.


  5. ^ , 双霞 (16 November 2017). 东方资产庇护下的大连银行. 北京商报 (in Chinese). Retrieved 20 November 2017 – via ce.cn.


  6. ^ abcdef "2015 Annual Report" (PDF). Shanghai Zendai Property. archive of Hong Kong Stock Exchange. 29 April 2016. Retrieved 13 October 2016.


  7. ^ "ANNOUNCEMENT PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE AND RULE 13.09 OF THE LISTING RULES AND INSIDE INFORMATION PROVISIONS UNDER PART XIVA OF THE SECURITIES AND FUTURES ORDINANCE AND RESUMPTION OF TRADING" (PDF). Shanghai Zendai Property. 24 December 2015. Retrieved 17 October 2016.


  8. ^ "NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED: Charming Light Investments Ltd" (PDF). Charming Light Investments. archive of Hong Kong Stock Exchange. 29 December 2015. Retrieved 13 October 2016.


  9. ^ "ACQUISITION OF 13.06% EQUITY INTERESTS IN CHINA UNITED INSURANCE" (PDF). CRRC Corporation. 8 January 2016. Retrieved 13 October 2016.


  10. ^ "2015 Annual Report" (PDF). Dongxing Securities (in Chinese). archive of Shanghai Stock Exchange. 5 March 2016. Retrieved 13 October 2016.


  11. ^ "2014 Annual Report". Dongbei Special Steel Group Co., Ltd. (in Chinese). archive of Shanghai Clearing House. 30 April 2015. Retrieved 29 September 2016.


  12. ^ "上海梅山钢铁股份有限公司2014年度报告" [2014 Annual Report]. Shanghai Meishan Iron and Steel Co., Ltd. (in Chinese). archive of Shanghai Clearing House. 30 April 2015. Retrieved 6 October 2016.


  13. ^ http://www.cninfo.com.cn/finalpage/2016-08-16/1202566336.PDF


  14. ^ "2015 Annual Report". Tianjin Pipe (in Chinese). Shanghai Clearing House. 9 May 2016. Retrieved 15 October 2016.


  15. ^ "西山煤电(集团)有限公司2015年度财务等重大信息公开内容" (PDF) (in Chinese). Xishan Coal Electricity Group. 30 June 2016. Retrieved 3 November 2016.


  16. ^ "简式权益变动报告书" [Announcement on change in major shareholder] (PDF). China Kejian Co., Ltd. (in Chinese). archive of Shenzhen Stock Exchange. 9 August 2013. Retrieved 13 October 2016.


  17. ^ http://www.dfmg.com.cn/EN/report/DFG_2014_Anual_Report.pdf


  18. ^ http://www.cninfo.com.cn/finalpage/2016-06-02/1202351719.PDF


  19. ^ http://www.cninfo.com.cn/finalpage/2016-06-29/1202433164.PDF




External links



  • Official website Edit this at Wikidata



這個網誌中的熱門文章

Tangent Lines Diagram Along Smooth Curve

Yusuf al-Mu'taman ibn Hud

Zucchini