Yingda International Trust
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| Formerly | Jinan International Trust and Investment Corporation |
|---|---|
| Company type | state-owned limited company |
| Industry | Financial services |
| Founded | March 1987 |
| Headquarters | Beijing , China |
Area served | mainland China |
| Services |
|
| Revenue |  CN¥1.204 billion (2015) |
| CN¥0.903 billion (2015) | |
| CN¥0.683 billion (2015) | |
| Total assets | CN¥5.251 billion (2015) |
| Total equity | CN¥4.996 billion (2015) |
| Owner |
|
Number of employees | 150 (December 2015) |
| Subsidiaries | Yingda Asset Management (49%) |
| Website | yditc.com.cn |
| Footnotes / references in a consolidated basis[1] | |
| Yingda International Trust Co., Ltd. | |||
|---|---|---|---|
| Simplified Chinese | 英大国际信托有限责任公司 | ||
| Traditional Chinese | 英大國際信託有限責任公司 | ||
| |||
| Yingda Trust | |||
| Simplified Chinese | 英大信托 | ||
| Traditional Chinese | 英大信託 | ||
| |||
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.
- As of 31 December 2015
- State Grid Corporation of China (via State Grid Yingda Group and its subsidiary, via State Grid Shanghai): 93.60%[citation needed]
- Jinan Development and Reform Commission (via indirect subsidiary Jinan Energy Investment): 4.38%[citation needed]
- Jigang Group: 1.10%[2]
- (Chinese: 山东鲁能物业公司; lit. 'Shandong Luneng Property'): 0.92%[2]
The share capital of Yingda International Trust had increase from CN¥1.5 billion to approximately CN¥1.82 billion 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 (Chinese: 济南三爱富氟化工) in 2013.[5][6]