Sichuan Furun Group Level

At the national level. Founded in June 2005, Furun Company is an investment institution specialized in capital operation established by SASAC to promote the reform of state-owned enterprises in Sichuan Province and optimize the allocation of state-owned resources. According to official website of this company, it is a national company. Since its establishment, the company has become a unique company in the country with the main goal of reducing the debt of state-owned enterprises, with the help of debt restructuring of old state-owned enterprises as the breakthrough point and the acquisition and disposal of financial non-performing assets of four major asset management companies as the breakthrough point.