SDIC Group, formerly known as China Railway Corporation, was reorganized into SDIC Group. To become the largest central enterprise in China, the trains and high-speed trains that we often take all start from here.
CIC, a central enterprise, mainly involves financial investment, mainly investing in the management of foreign exchange funds. He is a shareholder in many large domestic financial companies. CIC is also one of the most profitable central enterprises.
China Investment Corporation was established in Beijing on September 29th, 2007. It is a wholly state-owned company approved by China to engage in the investment management of foreign exchange funds.
The registered capital of CIC is US$ 200 billion, which comes from RMB 654.38 billion+RMB 550 million raised by the Ministry of Finance of China through issuing special treasury bonds. CIC is one of the largest sovereign wealth funds in the world. The company implements the mode of separation of government from enterprise, independent operation and commercial operation; This business focuses on the investment of overseas financial portfolio products, and strives to maximize the long-term investment income within an acceptable risk range.
CIC has about 600 employees, including 65,438+00 board members, including 2 executive directors, 5 non-executive directors, 65,438+0 employee directors and 2 independent directors. The five non-executive directors are from five ministries and commissions: National Development and Reform Commission, Ministry of Finance, Ministry of Commerce, People's Bank of China and State Administration of Foreign Exchange.
After the establishment of CIC, Huijin Investment Co., Ltd. was incorporated as a wholly-owned subsidiary of CIC. The company has set up its own board of directors and board of supervisors, which are responsible for investing in and holding shares of key state-owned financial enterprises, and exercising shareholders' rights on their behalf, and will not carry out any other business activities or interfere with the daily business activities of its holding enterprises. 20 19 165438+1October16, hurun research institute released "2019 hurun global unicorn active investment institutions 100 top", and CIC was on the list.
In May, 20021year, China Investment Co., Ltd. Help Office was commended by Gansu Provincial Party Committee and Provincial Government as "Advanced Collective for Poverty Alleviation in Gansu Province".