DHH Was Appointed to the Legal Panels of I&G and Huarong Trust
I&G is the subsidiary controlled by the State Development & Investment Corp., Ltd. (SDIC), incorporated by investment of the Ministry of Finance and the former State Economic and Trade Commission with approval of the State Council of PRC, as the first national specialized guarantee institution in PRC. In 2010, I&G completed the capital increase and introduced 6 shareholders including CCB International, CITIC Capital, CDH Investments, Government of Singapore Investment Corp, Goldstone Investment Limited and SDIC Fund Management, and changed from a wholly state-owned company into sino-foreign joint venture. In 2015, I&G adopted incorporation by means of sponsorship to become a company limited by shares and listed in China’s “New Third Board”.
With early establishment, large business scale and comprehensive strength, I&G is the flagship in the sector of guarantee for investment and finance in China, having total assets of more than RMB28 billion and the total guarantee amount of more than RMB513.8 billion and providing guarantee services to more than 20,000 clients. With many years of development and innovation, I&G has formed business lines across the currency, stock and bond markets and is committed to build the business structure of “Guarantee and Credit Enhancement” as the main body with “Asset Management and Investment” and “Fitech” as both wings.
Huarong Trust is a national non-banking financial institute, which is the trust subsidiary of the China Huarong Asset Management Co., Ltd., with the registered capital of RMB3.036 billion and total asset amount of 17.16 billion. Huarong Trust manages various trust products including loan, equity investment, securities investment, industrial investment fund, M&A fund, asset-backed securities, family trust and consumer trust, covering the sectors such as industrial and commercial company, basic industry, security investment and financial institution, and has provided comprehensive financial services to hundreds of premium companies in China with value of more than RMB800 billion, strongly supported the development of key industries which are important to the national economy and the people's livelihood such as infrastructure, real estate, transportation, water utilization, power and modern logistics, and created benefits of more than RMB70 billion for the principals.
Huarong Trust has awarded and honored as “National Leading Organization in Banking Sector”, “Chinese Gold Medal Growth Trust Company of Year”, “Excellent Wealth Management Center of Year”, “Excellent Financial Service Brand”, “Excellent Financial Product Management Center”, “Jinniu Assembled Trust Company” and “Excellent Wealth Management Brand”.
DHH Team Members: