Yingda International Trust Explained

Yingda International Trust Co., Ltd. is a Chinese trust company and asset management firm that was majority owned by State Grid Corporation of China (via State Grid Yingda Group for 89.76% stake). Yingda Trust was founded in March 1987, as Jinan International Trust and Investment Corporation. Yingda Trust owned Yingda Asset Management for 49% stake. The company was headquartered in Jinan, but in 2010 moved to Beijing.

Shareholders

• State Grid Corporation of China (via State Grid Yingda Group and its subsidiary, via State Grid Shanghai): 93.60%
• Jinan Development and Reform Commission (via indirect subsidiary Jinan Energy Investment): 4.38%
• Jigang Group: 1.10%^[2]
• : 0.92%^[2]

The share capital of Yingda International Trust had increase from to approximately in 2012,^[3] which was entirely subscribed by State Grid Yingda Group. Yingda Group also acquired 4.67% stake from sister company East China Grid on 27 March 2012^[4] and from Jinan 3F in 2013.^{[5] [6]}

See also

• Shandong International Trust

Notes and References

1. Web site: 2015 Annual Report. 6 May 2016. 18 January 2017. Yingda International Trust. Chinese.
2. 2015 Annual Filing of Yingda International Trust National Enterprise Credit Information Publicity System (in Chinese)
3. Web site: http://www.cbrc.gov.cn/govView_D4D2308A69F2478886DB4C0DECBB2932.html. zh:关于英大国际信托有限责任公司增加注册资本等有关事项的批复. 21 December 2012. 18 January 2017. China Banking Regulatory Commission (CBRC). Chinese.
4. Web site: http://www.cbrc.gov.cn/govView_C34B863279BB4A479AAEC66790F2570F.html. zh:关于英大国际信托有限责任公司股权变更及调整股权结构的批复. 27 March 2012. 18 January 2017. CBRC. Chinese.
5. Web site: http://www.cs.com.cn/cqzk/gqtz/201303/t20130325_3917749.html. zh:济南三爱富出售英大国际信托股权. 25 March 2013. 18 January 2017. China Securities Journal. Chinese.
6. Web site: http://www.cbrc.gov.cn/govView_602827B715AE4330B0B30BA91ECFEBCF.html. zh:关于英大国际信托有限责任公司股权变更并修改公司章程的批复. 13 August 2013. 18 January 2017. CBRC. Chinese.