Yuntou Group, the full name of Yunnan Investment Holding Group Co., Ltd., formerly known as Yunnan Development and Investment Co., Ltd., is a large-scale state-owned sole proprietorship enterprise established in September 1997 with the approval of the provincial government document Yun [1995] 195. In September, 2007, the Group was formally established with a registered capital of RMB 86,543,800,000,000 according to the company's business development and the needs of group management and control. It is a large-scale wholly state-owned enterprise directly under the provincial government, and the provincial SASAC performs the responsibilities of investor.