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China Reform Holdings Corporation has a significant presence in the investment fund management industry.
The company's investment funds are managed by its subsidiaries, including China Reform Securities and China Reform Fund Management.
These subsidiaries have a combined asset management scale of over 1 trillion yuan, making them a major player in the Chinese investment fund market.
China Reform Holdings Corporation's investment funds are diversified across various asset classes, including stocks, bonds, and alternative investments.
About
China Reform Holdings Corporation is a unique entity that was established in 1999.
The company is a subsidiary of the State-owned Assets Supervision and Administration Commission of the State Council.
It was created to manage the assets of state-owned enterprises, with a focus on restructuring and reform.
China Reform Holdings Corporation has a diverse portfolio of investments, including real estate, finance, and energy.
Investments
China Reform Holdings Corporation has made a total of 39 investments, with their latest being in Jerry Zhaoxin as part of their Series A on May 23, 2024. This investment was worth $54.75 million and marked a new investment for the company.
The company's investment activity shows a range of deal sizes, from $54.75 million to $166.26 million. Their largest investment was in Hikstor Technology, a Series B - II deal worth $166.26 million.
Here are the details of some of their notable investments:
China Reform Holdings Corporation's investments have been made in various rounds, including Series A, Series B - II, and Series A - III. Their investments have also involved different co-investors, such as China Internet Investment Fund, Guohua Satellite Data, and National Manufacturing Transformation and Upgrade Fund.
Fund Information
China Reform Holdings Corporation has five funds, including the China Reform SOE Operating Investment Fund, which was launched on March 23, 2017, and has a diversified private equity fund type.
The China Reform SOE Operating Investment Fund is open to new investments and has a total amount of $7,232.45 million. This fund is a significant part of China Reform Holdings Corporation's investment portfolio.
Here is a list of the five funds managed by China Reform Holdings Corporation:
5 Fund Histories
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China Reform Holdings Corporation has a total of 5 funds. The China Reform SOE Operating Investment Fund is one of them, which was closed on March 23, 2017, and has a status of "Open" with an amount of $7,232.45 million.
The China State-owned Capital VC Fund is another fund, but its fund type and status are not publicly available.
Here's a breakdown of the 5 funds:
The China Reform Holdings Corporation's funds have varying amounts, with the China Reform SOE Operating Investment Fund having the highest amount of $7,232.45 million.
Fund
China Reform Holdings Corporation has a total of 5 funds, including the China Reform SOE Operating Investment Fund, which was closed on March 23, 2017, and has a total amount of $7,232.45M.
China Reform Fund Management Co., Ltd. has one RMB fund, the China Reform Investment Fund I (Limited Partnership), with a total RMB 5 billion assets under management.
The China State-owned Capital VC Fund and 国改科技基金 (National Reform Technology Fund) are two other funds managed by China Reform Holdings Corporation, but the exact amount and status of these funds are not publicly disclosed.
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China Reform Holdings Corporation has partnered with Ping An Venture Capital, an equity investment platform under Ping An Group, to focus on domestic and overseas technology, medical, consumer industries, and strategic investment.
Here is a list of the 5 funds managed by China Reform Holdings Corporation:
News and Comparison
China Reform Holdings Corporation participated in the largest capital infusion in China's green energy space in 2024, investing in Huaneng Renewables Corporation.
The consortium of investors included national postal services provider China Post Group Corporation and financial and insurance group China Taiping Insurance Holdings.
The fresh proceeds from the investment will help Huaneng Renewables speed up its green energy transformation.
Latest News
Huaneng Renewables Corporation, a subsidiary of China Huaneng Group, has raised 15 billion yuan ($2.1 billion) in the largest capital infusion in China's green energy space in 2024.
This massive investment came from a consortium of five state-affiliated investors, including China Reform Holdings Corporation, China Post Group Corporation, and China Taiping Insurance Holdings.
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The fresh proceeds will help Huaneng Renewables speed up its green energy transformation, a crucial step in the company's growth.
Huaneng Renewables specialises in the investment, operation, and construction of wind and solar power projects, and has been a key player in China's green energy sector since its inception in 2002.
The company went public on the Hong Kong Stock Exchange in June 2011, but was taken private in March 2020 after struggling to raise additional capital due to a low price-to-book ratio.
Compare to Competitors
China Reform Holdings Corporation has some notable competitors in the investment sector.
Henan Investment Group, founded in 2007, is a state-owned asset management company that operates within the investment sector.
Tianjin Bohai State-owned Assets Management was founded in 2008 and focuses on asset acquisition, disposal, and related industry investments.
Hunan Caixin Investment Holdings, established in 2001, is involved in managing and investing national assets.
Henan Investment Group serves the government and public sectors through its investment portfolio.
Tianjin Bohai State-owned Assets Management optimizes the value and performance of state-owned assets.
Hunan Caixin Investment Holdings focuses on maximizing returns and supporting regional economic development.
These companies have varying focuses, but all play a significant role in the investment sector.
Henan Investment Group is based in Zhengzhou, China, while Tianjin Bohai State-owned Assets Management is based in Hexi, China.
Hunan Caixin Investment Holdings is based in Changsha, China.
Sources
- https://en.wikipedia.org/wiki/China_Reform_Holdings_Corporation
- https://www.cbinsights.com/investor/china-reform-holdings-corporation
- https://www.chinadaily.com.cn/a/202309/26/WS65122e9ea310d2dce4bb7caf.html
- https://www.zvca.org/enindex.php/a/7367.html
- https://www.marketscreener.com/news/latest/State-owned-China-Reform-Holdings-buys-index-funds-to-support-market-45481052/
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