Is Huijin a state-owned enterprise?

Huijin, the national reserve, is not a state-owned enterprise. State Reserve Huijin, namely State Reserve Huijin Capital Management Co., Ltd., was established on August 27th, 20 15, and obtained the business license of Tianjin Pilot Free Trade Zone Market and Quality Supervision Administration. Its headquarters is located in Tianjin Pilot Free Trade Zone, and its legal representative is Zhou Weijing.

Shareholders of State Reserve Huijin Capital Management Co., Ltd.: China Reserve Energy and Chemical Industry Group Co., Ltd., State Reserve Energy Investment Co., Ltd., etc. China National Reserve Energy and Chemical Industry Group Co., Ltd. and National Reserve Energy Investment Co., Ltd. are not state-owned enterprises, so National Reserve Huijin Capital Management Co., Ltd. is not a state-owned enterprise.

State Reserve Huijin Capital Management Co., Ltd. Business scope: capital management (except financial assets); Enterprise management and consulting services; Economic information consultation; Financial information consultation. The main business of the State Reserve Huijin Capital Management Co., Ltd. includes capital management, investment merger and acquisition management, securities investment, fund management and financial consultation.

On April 18, the State Reserve Huijin Capital Management Co., Ltd. and Global Smart Capital Investment Holdings Co., Ltd. held a signing ceremony for the strategic cooperation agreement.

China State Reserve Energy and Chemical Industry Group Co., Ltd. is the controlling shareholder of State Reserve Huijin Capital Management Co., Ltd., and invests in and cooperates with State Reserve Huijin Capital Management Co., Ltd. to carry out investment and M&A management business in China.