CDBC News
CDBC News
  • 12

    2012-9

    Incorporation of CDB Development Fund Companies

    From the end of 2012 to early 2013, four CDB Development Fund companies, namely CDB Houde, CDB Jingcheng, CDB Ruiming and CDB Siyuan, were incorporated to manage the total fund of RMB 18.29 billion, invested by 147 investors.

  • 06

    2011-12

    Launch of the CDB Overseas Investment Platform in Hong Kong

    According to news report in Hong Kong, CDB International Holdings Co., Ltd. was officially established in Hong Kong on December 6, 2011. This marked that the overseas investment platform, launched by CDB and CDBC at the International Finance Centre in Hong Kong, had officially entered the global capital market.

  • 08

    2011-8

    Establishment of CDB Innovation Capital Investment Co., Ltd.

    CDB Innovation Capital Investment Co., Ltd. (CDB Innovation) is a wholly-owned subsidiary incorporated by CDBC in August 2011 and specializes in equity investment and mezzanine financing. CDB Innovation participated in projects including Wuhan Best City and Old Town Reconstruction of Pi County in Chengdu to support the construction of new urbanization in China. In 2014, it invested in the RMB 5.7 billion private placement program initiated by TCL Group to support the development of strategic emerging industries. CDB Innovation and Jiangsu Provincial Government jointly set up Kaixindai, an Internet finance service platform, to raise social capital for micro businesses.

  • 22

    2011-6

    Establishment of CDB Yuanrong Asset Management Co., Ltd.

    In June 2011, CDB Yuanrong Asset Management Co., Ltd., a wholly-owned subsidiary of CDBC, was incorporated with a registered capital of RMB 1.1 billion, with the aim to implement CDB’s strategic decisions on transferring some immovable assets to CDBC, actively explore diversified development models for commercial real estate funds and build “an institution under the brand of CDB for investment in and operation of commercial immovable assets”.

  • 08

    2011-6

    CDBC Jointly Invests with CITIC Group, Shenyang Darui, Abax Global Capital and Shanghai Puluo in the Establishment of CDB Root-Well Industrial Investment Fund Management Co., Ltd.

    CDB Root-Well Industrial Investment Fund Management Co., Ltd. (CDB Root-Well) is an equity fund management institution established in June 2011, upon approval of the National Development and Reform Commission (NDRC). It manages CDB Equipment Manufacturing Industrial Investment Fund. As one of China’s initiatives to boost the development of this industry, the fund aims to raise RMB 20 billion and has completed the funding target of RMB 4.3 billion for the first phase, which is mainly used for equity investment in growing and established equipment manufacturing industries, strategic emerging industries and related industries.

CDBC News
CDBC News
  • 12

    2012-9

    Incorporation of CDB Development Fund Companies

    From the end of 2012 to early 2013, four CDB Development Fund companies, namely CDB Houde, CDB Jingcheng, CDB Ruiming and CDB Siyuan, were incorporated to manage the total fund of RMB 18.29 billion, invested by 147 investors.

  • 06

    2011-12

    Launch of the CDB Overseas Investment Platform in Hong Kong

    According to news report in Hong Kong, CDB International Holdings Co., Ltd. was officially established in Hong Kong on December 6, 2011. This marked that the overseas investment platform, launched by CDB and CDBC at the International Finance Centre in Hong Kong, had officially entered the global capital market.

  • 08

    2011-8

    Establishment of CDB Innovation Capital Investment Co., Ltd.

    CDB Innovation Capital Investment Co., Ltd. (CDB Innovation) is a wholly-owned subsidiary incorporated by CDBC in August 2011 and specializes in equity investment and mezzanine financing. CDB Innovation participated in projects including Wuhan Best City and Old Town Reconstruction of Pi County in Chengdu to support the construction of new urbanization in China. In 2014, it invested in the RMB 5.7 billion private placement program initiated by TCL Group to support the development of strategic emerging industries. CDB Innovation and Jiangsu Provincial Government jointly set up Kaixindai, an Internet finance service platform, to raise social capital for micro businesses.

  • 22

    2011-6

    Establishment of CDB Yuanrong Asset Management Co., Ltd.

    In June 2011, CDB Yuanrong Asset Management Co., Ltd., a wholly-owned subsidiary of CDBC, was incorporated with a registered capital of RMB 1.1 billion, with the aim to implement CDB’s strategic decisions on transferring some immovable assets to CDBC, actively explore diversified development models for commercial real estate funds and build “an institution under the brand of CDB for investment in and operation of commercial immovable assets”.

  • 08

    2011-6

    CDBC Jointly Invests with CITIC Group, Shenyang Darui, Abax Global Capital and Shanghai Puluo in the Establishment of CDB Root-Well Industrial Investment Fund Management Co., Ltd.

    CDB Root-Well Industrial Investment Fund Management Co., Ltd. (CDB Root-Well) is an equity fund management institution established in June 2011, upon approval of the National Development and Reform Commission (NDRC). It manages CDB Equipment Manufacturing Industrial Investment Fund. As one of China’s initiatives to boost the development of this industry, the fund aims to raise RMB 20 billion and has completed the funding target of RMB 4.3 billion for the first phase, which is mainly used for equity investment in growing and established equipment manufacturing industries, strategic emerging industries and related industries.