◆Business Overview

In June, 2005, Chengtong Group was appointed by the State-owned Assets Supervision and Administration Commission of the State Council to be a state owned assets management test cooperation. Since then, Chengtong Group successively took over part of Putian Group's enterprises, Huandao Group, CRC, Chenghua Company, China Enterprise International Investment Co., Ltd, China Packaging Corporation, European Center of Zhongnan Commercial (Group) Co., Ltd and etc. It also actively involved in IPO programs such with China National Medicines Corporation Ltd., China CNR Corporation Ltd., and Agricultural Bank of China. Chengtong Group made good use of opportunities, expanded marketized assets management, forged through a series of merging and reorganization the forestry-pulp-paper production industry as its main business. It also actively involves in reform and reorganization of local state owned enterprises, and expands overseas business through capital management. Over the years, Chengtong Group has made its own contributions to accelerate state owned economic distribution and structural strategic adjustment.

◆Functional Position

With the principle of benefiting national economic distribution and structural adjustment, benefiting improvement of state owned assets management, benefiting efficient distribution of resources and mutual complementation of enterprises' advantages, benefiting enhancement of enterprises' core competitiveness, benefiting maintaining and appreciation of state owned assets, and benefiting economization of the cost in reform, we establish a platform for state owned assets reorganizing and capital management, probe a marketized and professional operating model for entry, integrity, operation and realization of assets, and dedicate ourselves to an investing center for incubating state owned main industries, a transforming center for subsidiary industries' assets, a processing center for inefficient assets, a buffering center for quitting enterprises, as well as a managing center for special enterprises, which plays a unique role in state owned economic distribution and central enterprises' reform and reorganization.

All rights reserved: China Chengtong Holdings Group Ltd, Beijing ICP No. 06002901
Address:12/F Ocean Plaza,158 Fuxingmen Inner Street,Xicheng District,Beijing,100031,P.R.China
Telephone: 86-10-83673030/3088