China sets up National Green Development Fund, with MoF and leading banks as shareholders

National Green Development Fund Co., Ltd. was established with its registered address at No. 110 Hankou Road, Huangpu District, Shanghai, with a registered capital of 88.5 billion yuan.

According to the data from company search platform Qichacha.com, on July 14, the National Green Development Fund Co., Ltd. was established with its registered address at No. 110 Hankou Road, Huangpu District, Shanghai, with a registered capital of 88.5 billion yuan.

The company’s business scope includes general projects: equity investment, project investment, investment management, investment consulting.

According to the data, among the sponsors of the National Green Development Fund Co., Ltd.’s industrial and commercial disclosure, the largest shareholder is the Ministry of Finance of the People’s Republic of China, and the shareholding ratio is 11.30%; the second largest shareholder is the China Development Bank, Bank of China, Construction Banks, Industrial and Commercial Bank of China, Agricultural Bank of China, each holding 9.04%.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/15/china-sets-up-national-green-development-fund-with-mof-and-leading-banks-as-shareholders/.

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