City investment company is the abbreviation of urban construction investment company, and it is the investment and financing platform of major cities in China. It originated from 199 1 and assumed the corresponding government functions. It is a special market operation entity. Most of these city investment companies are unprofitable and belong to public institutions or wholly state-owned companies. They realize profits through government subsidies and belong to special market operators with government nature.
The characteristics of the city investment company include management as a supplement and public welfare as the mainstay; Consistency and service characteristics. Among them, the characteristic of public welfare as the main business supplement is that most of the state-owned assets it builds or operates are urban infrastructure, which is related to the local national economy and people's livelihood, and most of them are not for profit, so the public welfare is strong. Some even charge corresponding fees, mostly in the form of cost price; The so-called consistency refers to the predetermined operating principles adopted by the city investment company.
Group introduction
A group refers to a group that is purposefully organized to act together, and an enterprise group does not have independent legal personality. There is no word "group" in the company law. Only limited liability companies and joint stock companies. Some companies have diversified business strategies and set up corresponding subsidiaries in many fields. In this way, the parent-subsidiary company will form an enterprise group because of this "blood relationship", which is quite similar to the group army in the army. These are the origins of the group companies we often talk about.
The so-called "group company" refers to an enterprise that invests in multiple subsidiaries in China. Of course, the parent company and its holding subsidiaries are usually called "XX Group" enterprises. A group is not necessarily an enterprise, which means it can be a public institution. For example, in some provinces and cities, the English name of radio and television group only writes group, without CO. If it is a company in a strict sense, the company law stipulates that the word company must be marked. For example: Fujian Radio and Television Group.