1. Bengbu City Investment Holding Co., Ltd. (hereinafter referred to as "City Investment Company") is a wholly state-owned company approved by the Bengbu Municipal People's Government with a registered capital of 3 billion yuan.
The company undertakes the investment, financing, construction and operation of urban infrastructure, public utilities and other projects; State-owned assets management and capital operation within the scope authorized by the municipal government; Manage the welfare assets of state-owned enterprises; Investment, construction and operation of real estate development, affordable housing and other projects; Equity investment; Investment, construction and maintenance of highways and urban roads; Investment, construction and operation management of landscaping projects; Property management; Domestic trade; Supply and marketing of materials; Other businesses authorized by the municipal government.
2. Bengbu Investment Group Co., Ltd., formerly known as Bengbu Construction Investment Co., Ltd., was established in May 1994. It is a wholly state-owned company approved by Bengbu Municipal Government with a registered capital of 800 million yuan. After years of development, the company has formed a career development pattern of "one platform and two sectors" (namely, investment and financing platform, urban operation sector and high-tech sector), and its strength has been continuously enhanced. By the end of 2008, the company had total assets of 3.5 billion yuan and net assets of 654.38 billion yuan.
The company has given full play to the function of investment and financing platform, built a comprehensive investment and financing platform for guarantee, futures, pawn, insurance, auction and designated borrowers of loans from Bengbu National Development Bank, and is expanding related businesses, such as finance companies/financial centers, Bengbu rural commercial banks, local industrial funds, PE funds or venture capital companies, microfinance companies or financial leasing companies, issuing corporate bonds and trust plans.