Home Business China Insurance Rongxin Fund officially established a registered capital of 14.8 billion yuan and China Life as the largest shareholder | China Life-Finance News

China Insurance Rongxin Fund officially established a registered capital of 14.8 billion yuan and China Life as the largest shareholder | China Life-Finance News

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Original title: China Insurance Rongxin Fund was formally established with a registered capital of 14.8 billion yuan China Life InsuranceAs the largest shareholder

China Securities Network News (Reporter Huang Yiling) On November 29th, Tianyan Check data showed that China Insurance Rongxin Private Equity Fund Co., Ltd. (hereinafter referred to as China Insurance Rongxin Fund) was formally established on November 29 with a registered capital of 14.8 billion yuan. The registered place is in Shanghai, and the legal representative is Jia Biao. The business scope includes private equity funds engaged in equity investment, investment management, asset management and other activities.

Specifically, Zhongbao Rongxin has 18 shareholders, including 13 life insurance companies, including China Life, Ping An Life, Sunshine Life, etc.; 2 property insurance companies, including PICC P&C Insurance and Huatai Property and Casualty Insurance; the remaining three shareholders are respectively PICC Health, Huatai Assets and China Insurance Investment Co., Ltd. (hereinafter referred to as China Insurance Investment). It is reported that China Insurance Investment is a strategic, proactive, and comprehensive investment platform for medium and long-term funds under the direct leadership of the China Banking and Insurance Regulatory Commission. It aims to concentrate long-term stable funds in the industry, meet market-oriented needs in major national strategies, drive effective social investment, and support entities. economic development.

In terms of shareholding, China Life (holding 19.59459% shares), Ping An Life (holding 13.51351% shares), Sunshine Life (holding 13.51351% shares),The Pacific OceanLife Insurance (holding 10.13514%) 4 life insurance companies hold more than 10% of the shares and are the top four shareholders of China Insurance Rongxin Fund. Five companies including Taiping Life Insurance, Taikang Life Insurance, Dajia Life Insurance, Xinhua Life Insurance, and China Post Life Insurance each hold 6.75676% of the shares.

It is worth mentioning that China Huarong has issued an announcement a few days ago that it plans to issue 39.216 billion domestic shares, of which China Insurance Rongxin Fund will subscribe no more than 14.510 billion shares. At that time, China Huarong’s announcement disclosed that China Insurance Rongxin Fund is a fund company that China Insurance Investment (Beijing), as the fund manager, intends to participate in the investment establishment. It has completed fund raising and has obtained private equity investment from the China Securities Investment Fund Association. Fund product filing.

Massive information, accurate interpretation, all in Sina Finance APP

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