The China Reform Holdings Corporation (CRHC; ) is a Chinese state-owned investment holding company. The company's purpose is to make investments in industries related to the national security and economy of China.[2]
In June 2022, Private Equity International ranked China Reform Fund Management, the private equity arm of CRHC as the largest private equity firm in Asia-Pacific based on total fundraising over the most recent five-year period.[3]
As of August 2022, CRHC had invested in 163 state-owned enterprises (SOEs) listed on Chinese stock exchanges with 75% of them being in strategic emerging industries.[4]
Background
On 22 December 2010, the SASAC established CRHC with an initial registered capital of 4.5 billion yuan ($676.5 million).