Formerly | PTIC |
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Type | state-owned enterprise |
Founded | 1980 [1] |
Headquarters | Beijing , China |
Area served | mainland China |
Owner | Chinese Central Government |
Number of employees | 53,000 [2] |
Parent | China Electronics Technology Group |
Subsidiaries | Potevio Co., Ltd. |
Potevio Group | |||
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Simplified Chinese | 中国普天信息产业集团有限公司 | ||
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Potevio Co.,Ltd. | |||
Simplified Chinese | 中国普天信息产业股份有限公司 | ||
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Potevio Group Corporation is a Chinese telecommunications hardware manufacturing company. [3] It was one of the 102 state-owned enterprises that is supervised by the State-owned Assets Supervision and Administration Commission of the State Council. [4] Potevio Group Corporation is the parent company of Potevio Co.,Ltd..
In 2021,it was reported that Potevio had been absorbed into China Electronics Technology Group (CETC). [5]
Potevio Group is the parent company of 5 listed companies:Shanghai Potevio (SSE:600680),Eastern Communications (SSE:600776),Nanjing Putian Telecommunications (SZSE:200468),Chengdu Putian Telecommunication Cables (HKEX:1202) and Eastcompeace Technology (SZSE:002017). [6]
As of 2015,Potevio Group's subsidiary Potevio Co.,Ltd. owned 39.04% stake of Puhua Investment as the largest shareholder. [7] Puhua Investment was infamously linked to Xiao Jianhua as part of his business empire,Tomorrow series of companies (Chinese :明天系), [8] [9] who brought the Pacific Securities to float in the Shanghai Stock Exchange. [10]
Puhua Investment was a minority shareholder of another securities broker New Times Securities ,which was part of the Tomorrow series of companies. [11]
The Pacific Securities Co.,Ltd. is a Chinese investment bank and brokerage firm. The company is listed on the Shanghai Stock Exchange.
Wanhua Chemical Group Co.,Ltd. known as Wanhua Chemical and formerly Yantai Wanhua Polyurethane or Yantai Wanhua Polyurethanes or Yantai Wanhua,is a Chinese listed company in chemical industry.
Greenland Holdings Corp.,Ltd. known as Greenland Group is a Chinese real estate developer. It was founded as a state-owned enterprise. As of 31 December 2016,the top 10 shareholders of the listed company owned a combined 88% shares,with some state-owned enterprises having invested in Greenland via private equity funds.
Oceanwide Holdings Co.,Ltd. is a Chinese publicly traded conglomerate. It was a subsidiary of Tohigh Holding,via intermediate holding companies Oceanwide Group and China Oceanwide Holdings Group.
Rongyu Group Co.,Ltd. is a Chinese listed company based in Jilin City,Jilin Province. as at 8 November 2016,the company was a constituent of SZSE 1000 Index but not in SZSE Component Index,making the company was ranked between the 501st to 1,000th by free float adjusted market capitalization.
China Orient Asset Management Co.,Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.
Tianjin Pipe (Group) Corporation Limited known as Tianjin Pipe or its abbreviation TPCO,is the largest stemless steel pipe maker of China as well as one of the largest in the world.
TEDA Investment Holding Co.,Ltd.,known as TEDA Holding,is a Chinese state-owned enterprise based in Tianjin. The company was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of Tianjin Government.
Shanghai Shentong Metro Group Co.,Ltd. known as Shentong Metro Group is the operator of Shanghai Metro and Shanghai Maglev Train,as well as the parent company of the listed company Shanghai Shentong Metro Co.,Ltd. It is currently responsible for the operation of Shanghai Metro. This includes investment,financing and operation management,and owns most of the assets of Shanghai Metro. The name is derived from Shen is the alternative name of Shanghai,while Tong literally means transportation.
Jiangsu Shagang Group Huaigang Special Steel Co.,Ltd. is a Chinese steel manufacturer based in Huai'an,Jiangsu Province. It was a subsidiary of privately held company Shagang Group via its publicly traded subsidiary Shagang Company for 63.79% stake,from 2010 to 2015. As at 31 December 2013,Huaigang accounted for 99.9% revenue and 97% assets of Shagang Company. However,as at 31 December 2015,Shagang Group owned just 19.88% stake in Shagang Company;in turn Shagang Company owned 63.79% stake of Huaigang. Shagang Group sold 55.12% stake of Shagang Company in 2015,for about CN¥4.6 billion.
China Minsheng Trust Co.,Ltd. is a Chinese trust and investment management company. The company formerly known as China Tourism International Trust Investment Co.,Ltd. founded in 1994.
Xiao Jianhua is a Chinese-Canadian businessman and billionaire known for managing assets for descendants of prominent Chinese leaders. He was reported to have been abducted from Hong Kong to Mainland China in 2017. His reported trial was denied to Canadian diplomats by China.
Baotou Tomorrow Technology Co.,Ltd. known also as Tomorrow Technology or BTTT is a Chinese listed company based in Baotou,Inner Mongolia. Tomorrow Technology is an associate company of Tomorrow Holding,a company related to Xiao Jianhua.
Sinobioway Group Co.,Ltd. was one of the university-owned enterprises of Peking University. The company currently majority (60%) owned by a Peking University professor and other employee of Peking University. The pinyin of the Chinese short name was Wèimíng Jítuán,literally Anonymous Group. However,Sinobioway was not related to other Weiming Group,such as Weiming (Fujian) Investment Group.
Puhua Investment Co.,Ltd. is a Chinese company based in Tai'an,Shandong Province. As at 31 December 2015,state-owned enterprise Potevio owned 39.04% stake as the largest shareholder.
CITIC Trust Co.,Ltd. is a Chinese investment management company,with license to create private equity fund. The company was a subsidiary of CITIC Group. However,after a reverse takeover,CITIC Limited became the parent company for 100% stake.
Bank of Taian Co.,Ltd. trading as Taian Bank is a Chinese urban commercial bank based in Tai'an,Shandong Province.
Taian Taishan Investment Co.,Ltd. is a Chinese sovereign wealth fund of Tai'an,Shandong Province. The sole shareholder of the company was Tai'an Finance Bureau. Despite not listed,the company issued bonds to finance in 2011 and again in 2013 for a total of CN¥2.8 billion.
Bohai International Trust Co.,Ltd. (BITC) known as just Bohai Trust,is a Chinese investment management company based in Shijiazhuang,Hebei Province. The company has licensed to create trust. The company is a subsidiary of HNA Group for 51.23% shares,plus additional 22.10% shares via China Xinhua Airlines,a subsidiary (83.39%) of Hainan Airlines. Hainan Airlines,a listed company,is partially owned by HNA Group. The remain 26.67% shares of the trust company were owned by another subsidiary of HNA Group,which the group owned 72.98% stake of that subsidiary directly and indirectly.
Li Yonghong is a Chinese businessman and investor who first came into the public eye in 2016 when he succeeded Silvio Berlusconi as the owner of the Italian football club A.C. Milan. Li is also known for his stock market transactions in mainland China.