Bohai International Trust Co., Ltd. (BITC) known as just Bohai Trust, is a Chinese investment management company based in Shijiazhuang, Hebei Province. The company has licensed to create trust (as private equity fund). The company is a subsidiary of HNA Group for 51.23% shares (via HNA Capital),[2] plus additional 22.10% shares via China Xinhua Airlines,[2] a subsidiary (83.39%) of Hainan Airlines. Hainan Airlines, a listed company, is partially owned by HNA Group. The remain 26.67% shares of the trust company were owned by another subsidiary of HNA Group (Chinese: 海南海航实业控股; lit. 'Hainan HNA Industrial Holding'),[2] which the group owned 72.98% stake of that subsidiary directly and indirectly (via Chinese: 海航实业集团; lit. 'HNA Industrial Group').
The predecessor of the trust company was founded in December 1983 as Hebei International Trust Investment Corporation (Chinese: 河北省国际信托投资公司).[3] In 2004 the company was re-registered as Hebei International Trust & Investment Co., Ltd. (Chinese: 河北省国际信托投资有限责任公司), which Hebei Provincial State-owned Assets Supervision and Administration Commission was the largest shareholder for 95.24% stake.[4] In 2006 it was acquired by HNA Group from Hebei Provincial People's Government [zh];[3] the share capital of the company had increased to CN¥2 billion in 2010[5] and to CN¥3.6 billion in 2016.[2] The company also changed from "company limited by quote/stake" to "company limited by shares" (analog to public limited company) in 2015.[3]
In 2012 China Xinhua Airlines also acquired the minority stake (795.65 million shares) from HNA Hospitality Group, Tangla Hotel Beijing [zh], Haikou Meilan International Airport Co., Ltd. and 2 sister companies,[6] for a total price of CN¥2.761 billion (CN¥3.47 per share).[7] China Xinhua Airlines did not subscribed the 2016 capital increase of the trust company,[8] making the shares were diluted to 22.10%.[2]
In November 2017, Bohai Trust was sued for failing to pay the collective funds trust plan for the Bohai Trust Ningbo Weitong Investment Project, which was originally scheduled to expire on July 27, 2017.[9]
Referencesedit
^"2015 Annual Report" (PDF) (in Chinese). Bohai International Trust. 17 April 2016. Retrieved 14 February 2017.
^ abcde (in Chinese). CBRC (Hebei Bureau). 14 October 2016. Archived from the original on 13 February 2017. Retrieved 12 February 2017.
^ abc"Enterprise introduction" (in Chinese). Bohai International Trust. Retrieved 12 February 2017.
^ (in Chinese). China Banking Regulatory Commission (CBRC). 15 January 2004. Archived from the original on 13 February 2017. Retrieved 12 February 2017.
^ (in Chinese). CBRC. 27 December 2010. Archived from the original on 13 February 2017. Retrieved 12 February 2017.
^ (in Chinese). CBRC. 14 October 2014. Archived from the original on 13 February 2017. Retrieved 12 February 2017.
^关联交易公告三 (PDF). Hainan Airlines (in Chinese). Shanghai Stock Exchange. 13 December 2012. Retrieved 12 February 2017.
^关于放弃渤海信托优先增资权的公告 (PDF). Hainan Airlines (in Chinese). Shanghai Stock Exchange. 10 January 2014. Retrieved 12 February 2017.
bohai, trust, bohai, international, trust, bitc, known, just, chinese, investment, management, company, based, shijiazhuang, hebei, province, company, licensed, create, trust, private, equity, fund, company, subsidiary, group, shares, capital, plus, additional. Bohai International Trust Co Ltd BITC known as just Bohai Trust is a Chinese investment management company based in Shijiazhuang Hebei Province The company has licensed to create trust as private equity fund The company is a subsidiary of HNA Group for 51 23 shares via HNA Capital 2 plus additional 22 10 shares via China Xinhua Airlines 2 a subsidiary 83 39 of Hainan Airlines Hainan Airlines a listed company is partially owned by HNA Group The remain 26 67 shares of the trust company were owned by another subsidiary of HNA Group Chinese 海南海航实业控股 lit Hainan HNA Industrial Holding 2 which the group owned 72 98 stake of that subsidiary directly and indirectly via Chinese 海航实业集团 lit HNA Industrial Group Bohai International TrustTrade nameBohai TrustFormerlyHebei International Trust InvestmentCompany typeSubsidiaryIndustryFinancial servicesFoundedDecember 1983 1983 12 HeadquartersShijiazhuang Hebei ChinaArea servedmainland ChinaServicesinvestment managementtrustRevenueCN 00 1 070 billion 2015 Operating incomeCN 000 679 million 2015 Net incomeCN 000 549 million 2015 AUMCN 216 173 billion 2015 Total assetsCN 00 4 848 billion 2015 Total equityCN 00 4 234 billion 2015 OwnerHNA Group 77 90 Xinhua Airlines 22 10 ParentHNA GroupWebsitebohaitrust comFootnotes referencessource 1 Bohai International TrustSimplified Chinese渤海国际信托TranscriptionsBohai TrustSimplified Chinese渤海信托TranscriptionsHistory editThe predecessor of the trust company was founded in December 1983 as Hebei International Trust Investment Corporation Chinese 河北省国际信托投资公司 3 In 2004 the company was re registered as Hebei International Trust amp Investment Co Ltd Chinese 河北省国际信托投资有限责任公司 which Hebei Provincial State owned Assets Supervision and Administration Commission was the largest shareholder for 95 24 stake 4 In 2006 it was acquired by HNA Group from Hebei Provincial People s Government zh 3 the share capital of the company had increased to CN 2 billion in 2010 5 and to CN 3 6 billion in 2016 2 The company also changed from company limited by quote stake to company limited by shares analog to public limited company in 2015 3 In 2012 China Xinhua Airlines also acquired the minority stake 795 65 million shares from HNA Hospitality Group Tangla Hotel Beijing zh Haikou Meilan International Airport Co Ltd and 2 sister companies 6 for a total price of CN 2 761 billion CN 3 47 per share 7 China Xinhua Airlines did not subscribed the 2016 capital increase of the trust company 8 making the shares were diluted to 22 10 2 In November 2017 Bohai Trust was sued for failing to pay the collective funds trust plan for the Bohai Trust Ningbo Weitong Investment Project which was originally scheduled to expire on July 27 2017 9 References edit 2015 Annual Report PDF in Chinese Bohai International Trust 17 April 2016 Retrieved 14 February 2017 a b c d e 关于渤海国际信托股份有限公司变更注册资本 变更股权及调整股权结构的批复 in Chinese CBRC Hebei Bureau 14 October 2016 Archived from the original on 13 February 2017 Retrieved 12 February 2017 a b c Enterprise introduction in Chinese Bohai International Trust Retrieved 12 February 2017 关于河北省国际信托投资公司重新登记有关事项的批复 in Chinese China Banking Regulatory Commission CBRC 15 January 2004 Archived from the original on 13 February 2017 Retrieved 12 February 2017 关于渤海国际信托有限公司增加注册资本等事项的批复 in Chinese CBRC 27 December 2010 Archived from the original on 13 February 2017 Retrieved 12 February 2017 渤海信托股权变更事宜的批复 in Chinese CBRC 14 October 2014 Archived from the original on 13 February 2017 Retrieved 12 February 2017 关联交易公告三 PDF Hainan Airlines in Chinese Shanghai Stock Exchange 13 December 2012 Retrieved 12 February 2017 关于放弃渤海信托优先增资权的公告 PDF Hainan Airlines in Chinese Shanghai Stock Exchange 10 January 2014 Retrieved 12 February 2017 内容正在升级改造 请稍后再试 新闻频道 和讯网 trust hexun com Retrieved 2022 08 08 External links editOfficial website in Chinese Retrieved from https en wikipedia org w index php title Bohai Trust amp oldid 1161676396, wikipedia, wiki, book, books, library,
