Linfen Investment Group

Linfen Investment Group Co., Ltd. is a Chinese sovereign wealth fund of Linfen Municipal Government, Shanxi Province. The company was the holding company of several utilities of the city.

Linfen Investment Group
sovereign wealth fund
Traded asSSE: 124298 (bond)
IndustryUtilities
Founded17 January 2004 (2004-01-17)
Founder
  • Linfen Government
  • Party Committee of Linfen
Headquarters
Linfen
,
China
Area served
mainland China (mainly Linfen)
Revenue CN¥1.428 billion (2015)
(CN¥436.7 million) (2015)
CN¥319.1 million (2015)
Total assets CN¥34.165 billion (2015)
Total equity CN¥13.641 billion (2015)
OwnerLinfen Finance Bureau (100%)
Websitelftzjt.com
Footnotes / references
in a consolidated basis[1]
Linfen Investment Group Co., Ltd.
Simplified Chinese临汾市投资集团有限公司
Traditional Chinese臨汾市投資集團有限公司

In July 2016, Linfen Investment Group invested in a private equity fund based in Ningbo (Chinese: 宁波杭州湾新区乐然投资管理) for 28.53% stake, which in turn the fund owned 4.0434% stake of Leshi Zhixin, a subsidiary of Le.com.[2][3][4] Founder of Le.com, Jia Yueting, was also from Linfen.

References
  1. "2015 Annual Report" (PDF). Linfen Investment Group (in Chinese). Shanghai Stock Exchange. 27 April 2016. Retrieved 18 January 2017.
  2. 关于放弃控股子公司增资的优先认购权暨关联交易的公告 (PDF). Le.com (in Chinese). Shenzhen Stock Exchange. 14 January 2017 [Written on 13 January 2017]. Retrieved 18 January 2017.
  3. 关于公司重大事项暨引入战略投资者的公告 (PDF). Le.com (in Chinese). Shenzhen Stock Exchange. 14 January 2017 [Written on 13 January 2017]. Retrieved 18 January 2017.
  4. National Enterprise Credit Information Publicity System (in Chinese)]
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