Tianjin Guotong Equity Investment Fund Management Co., Ltd. is established with joint contributions by Tianjin Materials & Equipment Group Co., Ltd.(Tewoo), Tianjin Pharmaceutical Group Co., Ltd. and Tianjin Trust Co., Ltd. with a registered capital of CNY10 million. Scope of business: equity investment enterprise management on commission, investment management and relevant consultancy services.
The fund management firm, which intensifies structural adjustment as required by Tianjin Municipal State-owned Assets Supervision & Administration Commission (SASAC), achieves new breakthroughs in resource consolidation, makes “a reservoir of funds” for industrial restructuring and structural adjustment initiated by the SASAC, and focuses on increasing the operating efficiency of state-owned assets and optimizing the allocation of funds.
The firm, through market-oriented investment approaches, expands the investment channel for both businesses and individuals, especially state-owned enterprises, which provides support for the industrial restructuring, enlarges its investment portfolio, and achieves capital appreciation and the objective of maintaining and increasing the value of state-owned assets.
To fully implement the guiding policy of “serving for the maintenance and appreciation of the value of state-owned assets and the reform of state-owned enterprises”, the firm pools and consolidates the high-quality assets of municipal state-owned enterprises by acquiring and restructuring the existing state-owned assets to achieve through the capital market the aggregation, optimization and upgrading of state-owned priority industries, enlarge the scale and competitiveness of advantageous industries and listed companies, and increase the refinancing capacity of listed companies in the city and the profitability and sustainability of state-owned economy. Guotong is striving to develop into the operating platform and assistant for state-owned assets, enterprises and listed companies controlled by Tianjin Municipal SASAC with regard to adjustment, reformation and restructuring, the flagship among Tianjin’s equity investment funds, and a nationally-renowned institution of investment in equities relevant to state-owned assets.
Contact Person: Fu Yan
Address: 810-1# Tianjin Trust Building