China Everbright Group
| state-owned enterprise | |
| Founded |
|
| Founder | |
| Headquarters | Beijing, China |
|
Key people
|
Tang Shuangning (Chairman) |
 CN¥53.2 billion (2015) |
|
| Profit |
CN¥13.3 billion (2015) |
| Total assets |
CN¥3,496.9 billion (2015) |
| Total equity |
CN¥99.0 billion (2015) |
| Owner |
|
| Parent | State Council of China (indirect) |
| Subsidiaries |
|
| Website | ebchina.com |
|
Footnotes / references in a consolidated basis |
|
| China Everbright Group | |||||||
| Simplified Chinese | 中国光大集团股份公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 中國光大集團股份公司 | ||||||
|
|||||||
| Everbright Group | |||||||
| Simplified Chinese | 光大集团 | ||||||
| Traditional Chinese | 光大集團 | ||||||
|
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Zhōngguó guāngdà jítuán gǔfèn gōngsī |
| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | guāngdà jítuán |
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary (55.67%) of Central Huijin Investment.Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired the stake on 8 December 2014.
China Everbright Group was ranked 313th in 2016 Fortune Global 500.
China Everbright Group/Holdings was established in Hong Kong, British Empire in 1983, by three proxy person for the Government of China: Wang Guangying, Zhang Lansheng (Chinese: 張瀾生) and Ren Xiguang (Chinese: 任錫光), with Wang "owned" most of the shares until 1990, which was transferred to Qiu Qing (Chinese: 邱晴), the second chairman of the company. Wang was the chairman and one of the 5 executive directors along with Kong Dan and three others in 1985, which was ratified by the State Council of the People's Republic of China. The State Council ratified the establishment of Everbright by a State Council document numbered No.89[1983]. (Chinese: 国务院国发[1983]89号文, not published to the public).
The group now had a parent company incorporated in Beijing (as China Everbright Group, was known as Chinese: 中國光大(集團)總公司, incorporated in 1990 but could be traced back to Chinese: 光大实业公司, the name used in the document of the State Council) and a wholly owned subsidiary incorporated in Hong Kong (China Everbright Holdings Co., Ltd. Chinese: 中國光大集團有限公司 was known as Violight Industry Co., Ltd. Chinese: 紫光實業有限公司 from 1983 to 1984). Due to foreign exchange controls, the main overseas businesses were centered on the Hong Kong based subsidiary.
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