Jiangsu Guoxin Corp. Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Jiangsu Guoxin Co., Ltd. (stock code "002608", stock abbreviation "Jiangsu Guoxin") is a state-owned holding company listed on the Shenzhen Stock Exchange. It is a listed platform under Jiangsu Guoxin Group with energy and finance as its main businesses. With the support of the Jiangsu Provincial Party Committee and Government, the core assets of Guoxin Group have been securitized through bankruptcy restructuring and major asset restructuring, injecting thermal power and trust assets into the group. The main business of listed companies has been transformed into a dual drive of "energy+finance". In April 2017, the restructured listed company was renamed "Jiangsu Guoxin" on the Shenzhen Stock Exchange, marking a new journey in the capital market. Since the restructuring of Jiangsu Guoxin, it has focused on energy and finance as its main businesses, focused on high-quality development goals, adhered to the corporate purpose of creating maximum economic and social value, and promoted the coordinated development of industry and finance through capital. The company's asset scale, asset quality, economic benefits, and risk management capabilities have significantly improved. Among them, the energy business adheres to technological innovation as the support, mergers and acquisitions of major energy projects, accelerates the clean and efficient utilization of existing assets, and is committed to connecting the integrated industrial chain of power generation, electricity sales, heating, maintenance, coal, port logistics, etc., accelerating the direction of establishing its own energy industry advantages, creating comprehensive energy suppliers, and enhancing core competitiveness. The "energy sector strengthening" has been continuously consolidated; The trust business adheres to the principle of serving the real economy, optimizes the business layout of "funds+assets", vigorously promotes business expansion in different regions, continuously deepens market-oriented mechanism reform, accelerates the transformation towards returning to the origin of trust, innovating financial services, and enhancing active management capabilities, and comprehensively promotes the "financial sector expansion". At present, Jiangsu Guoxin has 10 wholly-owned and directly controlled subsidiaries, as well as 24 member enterprises at or below the second level. As of the second quarter of 2021, the company's total assets amounted to 72.86 billion yuan, achieving a total operating revenue of 12.832 billion yuan, a total profit of 2.029 billion yuan, and a net profit of 1.706 billion yuan. This vividly illustrates Jiangsu Guoxin's development strategy of "dual wheel drive, flying together". Among them, the total assets of the energy sector are 45.164 billion yuan, achieving a revenue of 12.501 billion yuan, a total profit of 623 million yuan, generating 32.455 billion kilowatt hours, heating 3.7067 million tons, and an installed power capacity of 15.437 million kilowatts (including 1 million under construction at Sheyang Port); The total assets of the financial sector are 25.412 billion yuan, with a total profit of 1.126 billion yuan, and a trust management scale of 387.497 billion yuan. Among them, the total self operated assets are 25.412 billion yuan, and the entrusted management trust asset scale is 362.085 billion yuan. Jiangsu Trust is the largest shareholder of Jiangsu Bank and Lian Life Insurance. Since its restructuring, Jiangsu Guoxin has always adhered to the comprehensive and strict governance of the Party without wavering, and has always adhered to the effective integration of the Party's leadership and modern corporate governance. It has not forgotten its original intention and has worked hard. It has successively won titles such as "Advanced Grassroots Party Organization of the Provincial State owned Assets Supervision and Administration Commission", "Collective First Prize of the 'Innovation Contribution Award' of the Guoxin Group", and "Advanced Grassroots Party Organization of the Guoxin Group", In 2018, the company was successfully selected as one of the "100 leading listed companies in the industry for high-quality development" by the Securities Times. From 2018 to 2021, the company achieved the highest level of "A" in the information disclosure assessment of the Shenzhen Stock Exchange for four consecutive years. Facing the future, Jiangsu Guoxin will continue to focus on the dual main businesses of "energy+finance", actively adapt to the development trend of energy and finance, fully leverage the advantages of investment and financing platforms, accelerate transformation and development, actively leverage the power of capital, reshape new competitive advantages, rebuild new development momentum, achieve industrial integration, promote mutual progress, and double the effect, making new and greater contributions to helping the group build a first-class state-owned capital investment and operation company. |
| Headquarter | Nanjing |
| Establish Date | 6/16/2003 |
| Listed Code | 002608.SZ |
| Listed Date | 8/10/2011 |
| Chairman | Dong Liang. |
| CEO | Li Xianqiang. |
| Website | www.jsgxgf.com |
Buy Premium Now
$15/month billed now
View the full stack of insights immediately
Or 7 Days Free Charge for Trial
See feature available in the Trial and Premium
See our Solution and Servicetrial.solutionservice.trial
See our Uniquness and Value deliveringtrial.solutionservice.trial
