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While ensuring the steady development of the former
advantage industry, through integrating assets and tapping
potentials for industry Chinese Gaoxin Investment Group Corp. has
set up three main business including high-tech industry investment,
assets management and capital operation and related trade and
service creating a better circumstance for the Corporation to raise
fund effectively, decentralize investment risk and speed up the
development.
High-tech Industry Investment
Assets Management and Capital Operation
Related Trade and Service
High-tech Industry Investment
High-tech Industry Investment Through investment and holding shares,
Chinese Gaoxin Investment Group Corp. already has had a number of
state-level high-tech enterprises and provincial high-tech
enterprises。The accumulative total investment in high-tech
industries has reached 1.5 billion Yuan, we guide social funds of 19
billion Yuan to invest in the high-tech industry and build up the
brand of “Chinese Gaoxin” in the area of high-tech industry
investment.
Up to the end of 2006,Chinese Gaoxin Investment Group Corp. has 52
high-tech enterprises by joint shares or holding shares. The total
investment amounts reached 461 million Yuan in which we have
comparatively held three companies with the investment of 81.4285
million Yuan and have shares in 49 sharing company, with an
investment of 381.46 million.
Assets Management and Capital Operation
Assets Management and Capital Operation
Up to the end of 2005,the total assets of Asset Management and
Capital operation reached 33.9% of the total assets of the Corp..
Through assets management and capital operation, Chinese Gaoxin
Investment Group Corp. obtained the investment income from the
acquisition of shares, cultivation, transfer and withdraw, achieving
the purpose of value insuring and increasing for the state assets.
For several years, we have succeeded in operating stockholder’s
rights in 27 enterprises, reduced capital chain and revealed the
value of main business of the Corporation on the basis of investment
recover and value-increasing.
Related Trade and Service
Related Trade and Service
With the high-tech industry being the main business of Gaoxin Group,
the Bounded warehouse coming from special light and textile
investment and international trade business changed gradually to be
the coordinated business for the development of high-tech
enterprises and industry. By the end of 2005, the total assets
amount of the related trade and service accounted for 7.1% of that
of the Group Corporation; the income almost reached 500 million
Yuan, it becomes the important component part of the overall
strategy of Gaoxin Group.
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