Jiangsu Guoxin Corp. Ltd.
江苏国信
002608
Shenzhen Stock Exchange
Company Profile
Driven by thermal electricity and trust, Jiangsu Guoxin realizes the rational management and optimal allocation of internal resources, gives play to the complementary and collaborative effect between industry and finance, reaches the combination of industry and finance, thus further improving our comprehensive strengths and competitiveness. As a financial platform for listed companies, Jiangsu Trust supports the development of thermal electricity and provides financing services concerning thermal electricity, idle funds for corporate financial management and financial consultation services on the basis of ensuring independence and risk control as well as meeting other supervision requirements. In addition, the development of thermal electricity also creates needs, open up new fields and bring new opportunities for the advancement of financial businesses. Jiangsu Province is one of the provinces with large economic aggregate and rapid economic growth in China. As the only high-quality listed company in the province with dual main businesses of "energy and finance", Jiangsu Guoxin has continuously optimized its asset structure, made rational use of its regional advantages, gave full play to the function of the investment and financing platform of listed companies, gradually realized multi-point layout inside and outside the province and continuously expanded its market share. At the same time, Jiangsu trust, which belongs to the financial sector, is located in the economically developed Yangtze River Delta, with high regional economic activity, strong market demand and rich private capital. In particular, the implementation of the national "regional integrated development of the Yangtze River Delta" strategy provides a good opportunity for the development of Jiangsu trust business. Outside Jiangsu Province, the company gives full play to the bridge role of Shanxi power transmission to Jiangsu. Relying on the export advantages of the supporting power point project of "Yanhuai DC", the company's Sujin energy and its holding power plant sit on the high-quality resources of Shanxi coal base, further realizing the mutual complementarity of advantages between provinces in the middle and East. With its unique regional advantages, It has effectively improved the company's competitive strength in the provincial and even the national energy market.
Full description
Controlled by Jiangsu Guoxin Investment Group Limited, Jiangsu Guoxin Co., Ltd. is a listed company engaging in finance and energy. The actual controller is SASAC of Jiangsu Province. The scope of businesses: industrial investment, stock investment (including finance, electricity energy stock, etc.), investment management and consultation, development & construction and operation of electricity projects, electricity technological consultation, sale of energy-saving products, imports & exports (Any project that needs to be approved by law can only be carried out after getting approval by relevant authorities.) The company's main business consists of energy business and trust business. The energy sector of the company is mainly engaged in power and heat production, relevant power services, coal sales and power sales. The generated power is mainly input into Jiangsu power grid and some into Shanxi power grid. The heat is mainly supplied to local enterprises, institutions and residents. The company is committed to the development of energy efficient utilization, clean energy, modern power service industry and circular economy. The company's financial sector is dominated by Jiangsu trust, and its business is divided into inherent business and trust business. Inherent business refers to the business carried out by the trust company with its own capital, mainly including but not limited to loans, leasing, investment, interbank deposits, interbank lending, etc. The company's inherent businesses mainly include financial equity investment, self operated loans, investment in financial products, etc. Financial equity investment is an important source of income for the company. Trust business refers to the business in which the company, as the trustee, manages or disposes of the entrusted monetary funds or other properties in the name of the company according to the wishes of the trustor, and collects handling fees from them. The trust business of the company mainly includes collective fund trust, single fund trust, property right trust, etc. it is the main business and important source of income of the company. The company's trust products mainly include debt investment, equity investment, securities investment, asset securitization, family trust and other products, providing single or comprehensive trust services such as asset management, wealth management and asset allocation for individual and institutional investors.