Linfen Investment Group
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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.
Company type | sovereign wealth fund |
|---|---|
| SSE: 124298 (bond) | |
| Industry | Utilities |
| Founded | 17 January 2004 |
| Founder |
|
| 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) |
| Owner | Linfen Finance Bureau (100%) |
| Website | lftzjt.com |
| Footnotes / references in a consolidated basis[1] | |
SimplifiedChinese临汾市投资集团有限公司
TraditionalChinese臨汾市投資集團有限公司
| 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.