Information of the Finance Company Sample Clauses

Information of the Finance Company. The Finance Company is a non-banking financial institution regulated by the CBIRC. Its scope of business covers: Financial and financing advisory, credit certification and related consulting and agency services to member units; assisting member units in the collection and payment of transactions; providing guarantees to member units; handling entrusted loans and entrusted investments among member units; accepting and discounting bills to member units; handling internal transfer settlement between member units and the corresponding settlement and liquidation plan design; absorbing deposits from member units; handling loans and financial leasing to member units; interbank lending; issuance of finance company bonds on approval; underwriting corporate bonds of member units; equity investment in financial institutions; and portfolio investment. As at the date of this announcement, the Finance Company is a non-wholly owned subsidiary of CNNC, which is directly and indirectly interested in 84.31% of the equity interest in the Finance Company. CNNC is principally engaged in research and development, construction, production and operation in the fields of nuclear power, nuclear fuel cycle, nuclear applications, environmental protection and nuclear engineering, as well as international cooperation, imports and exports. CNNC is ultimately and beneficially owned by the State-owned Assets Supervision and Administration Commission of the State Council* ( 國 務 院 國 有 資 產 監 督 管 理 委 員 會 ).
Sample 1
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