Yingda International Trust

Overview

type	state-owned limited company
industry	Financial services
founded	March 1987
former name	Jinan International Trust and Investment Corporation
hq location city	Beijing
hq location country	China
area served	mainland China
num employees	150
num employees year	December 2015
services	trust asset management
revenue	CN¥1.204 billion
revenue year	2015
operating income	CN¥0.903 billion
income year	2015
net income	CN¥0.683 billion
net income year	2015
assets	CN¥5.251 billion
assets year	2015
equity	CN¥4.996 billion
equity year	2015
owner	State Grid (93.60%) Jinan Energy Investment (4.38%) Jigang Group (1.10%) Luneng Property (0.92%)
subsid	Yingda Asset Management (49%)
website	yditc.com.cn
footnotes	in a consolidated basis‡R1R‡

Yingda International Trust Co., Ltd. is a Chinese trust company and asset management firm that was majority owned by State Grid Corporation of China (via State Grid Yingda Group for 89.76% stake). Yingda Trust was founded in March 1987, as Jinan International Trust and Investment Corporation. Yingda Trust owned Yingda Asset Management for 49% stake. The company was headquartered in Jinan, but in 2010 moved to Beijing.

Shareholders

The share capital of Yingda International Trust had increase from CN¥1.5 billion to approximately CN¥1.82 billion in 2012,[3] which was entirely subscribed by State Grid Yingda Group. Yingda Group also acquired 4.67% stake from sister company East China Grid on 27 March 2012[4] and from Jinan 3F in 2013.[5][6]

Yingda International Trust

Shareholders

See also

External links

References