China Central Huijin

China Central Huijin

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China Central Huijin

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Description:
Central Huijin Investment Ltd. () established on December 26, 2003 is an investment company owned by the government of the People's Republic of China. It is a wholly owned subsidiary of China Investment Corporation with its own Board of Directors and Board of Supervisors. Central Huijin's principal shareholder rights are exercised by the State Council. The purpose of Central Huijin is to create an organizational structure by which the PRC government can operate as a shareholder for the large "big four" state owned banks, therefore to improve corporate governance and initiate reforms of the banking sector.

History

Central Huijin Investment Ltd. was acquired from the State Administration of Foreign Exchange by the China Investment Corporation for roughly $67 billion.Jamil Anderlini, , Financial Times, 5 January 2008

Governance

Board of Directors



Board of Supervisors



Senior Management

  • Xie Ping (Executive Director and President)
  • Chen You'an (Executive Vice President)


Investments

Currently, Central Huijin holds shares in the institutions listed below: China Development Bank, Industrial and Commercial Bank of China Limited, Bank of China Limited,...
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