Huaibei Jiantou Group, as a large-scale urban construction financial investment group, is a wholly state-owned enterprise approved by Huaibei Municipal People's Government and funded by the State-owned Assets Supervision and Administration Commission of Huaibei Municipal People's Government, with an initial registered capital of 60 million yuan. 2065438+April 2005, according to the spirit of the document "Reform Plan of Huaibei Financing Platform Company" of the Municipal Party Committee, the company was transformed into an enterprise, from a public institution to a large-scale urban construction financial investment group. By the end of 20 19, the registered capital of the enterprise was 8.229 billion yuan, the total assets exceeded12 billion yuan, and the credit rating of the enterprise was AA+. Therefore, Huaibei Jiantou Group is a good company.