According to the data, Central Huijin Company is a wholly state-owned company funded by the state according to the Company Law of People's Republic of China (PRC). From June, 5438 to February, 2003, Central Huijin Company was established, headquartered in Beijing, and exercised the rights and obligations of investors in key financial enterprises such as state-owned commercial banks on behalf of the state. In September 2007, the Ministry of Finance issued special treasury bonds to purchase all the shares of Central Huijin from the People's Bank of China, and injected the above shares into CIC as part of its investment in China Investment Corporation. The important shareholder duties of Central Huijin Company shall be exercised by the State Council. Members of the Board of Directors and the Board of Supervisors of Central Huijin Company are appointed by the State Council and are responsible to the State Council.