Hefei Xingtai Financial Holding (Group) Co., Ltd.

Overview

Hefei Xingtai Financial Holding (Group) Co., Ltd. is a financial holding company based in Hefei, Anhui, China, offering a range of financial services and investments. The company operates as a holding entity, managing and controlling the activities of its subsidiaries involved in various financial operations. Its primary functions include financial leasing, factoring, and asset management services. The company's website, xtkg.com, serves as a platform for information disclosure and communication with stakeholders. The company has a workforce of 59 employees, contributing to its operations and services. Established on January 18, 1999, with a registered capital of RMB 7 billion, Hefei Xingtai Financial Holding (Group) Co., Ltd. is wholly owned by the State-owned Assets Supervision and Administration Commission of Hefei Municipal People's Government. The company's legal representative is Cheng Rulin. Its scope of business includes operation of state-owned assets within the authorization, corporate planning, management consultation, financial advisory, corporate wealth management, and industrial investment, as well as other approved operating activities. The company's investment portfolio includes significant stakes in various industries, such as real estate, infrastructure, and technology. Notably, Hefei Xingtai Financial Holding (Group) Co., Ltd. completed the acquisition of a 57.89% stake in Hefei Urban Construction Development Co., Ltd. from Hefei State-Owned Assets Holding Company Ltd. in 2016. Additionally, the company has been involved in various financial transactions and investments, contributing to its growth and presence in the financial sector. Hefei Xingtai Financial Holding (Group) Co., Ltd. is committed to building a regional leading comprehensive financial holding platform that meets the economic development needs of Hefei City. The company's controlling shareholder is the State-owned Assets Supervision and Administration Commission of Hefei City, and its de facto controller is also the State-owned Assets Supervision and Administration Commission of Hefei City. The company's ultimate beneficiary is Hefei Xingtai Financial Holding (Group) Co., Ltd., and it does not have any persons acting in concert.