Central Huijin definition
Examples of Central Huijin in a sentence
The single largest shareholder of ABC is Central Huijin Investment Ltd.
It was promoted and established by the Ministry of Finance and Central Huijin Investment Ltd.
Based on publicly available information, CDB is held as to (i) approximately 36.54% interest by 中國財政部 (the Ministry of Finance of the PRC*); (ii) approximately 34.68% interest by 中國國務院 (the State Council of the PRC*) through 中央匯金投資有限責任公司 (Central Huijin Investment Ltd.*); and (iii) approximately 27.19% interest by 國家外匯管理局 (the State Administration of Foreign Exchange*) through 梧桐樹投資平台有限責任公司 (Buttonwood Investment Holding Company Ltd.*).
The single largest shareholder of ABC is Central Huijin Investment Ltd.* (中央匯金投資有限責任公司) and the ultimate beneficial owner of Central Huijin Investment Ltd.
JIC and Central Huijin will abstain from voting on the resolution regarding the Proposed Amendments at the 2019 annual general meeting of the Company.
As at the date of this announcement, JIC and Central Huijin directly hold 11,616,913,474 shares with voting rights of the Company (representing approximately 46.39% of the total issued share capital of the Company).
To the best knowledge, information and belief of Directors having made all reasonable enquiries, other than JIC and Central Huijin, no other Shareholders are required to abstain from voting on the resolution regarding the Proposed Amendments at the 2019 annual general meeting of the Company.
Central Huijin is in turn wholly-owned by the State Council of the PRC.
China Everbright is a state-owned enterprise established on 8 December 2014 after the restructuring from China Everbright (Group) Corporation, with its registered capital mainly contributed by the Ministry of Finance of the PRC and Central Huijin Investment Ltd.
JIC and Central Huijin will abstain from voting on the resolution regarding the renewal of the Framework Agreement and the transactions contemplated thereunder and the proposed annual caps for the three years ending December 31, 2024 at the EGM.