China Railway Construction, China Reform Holdings form 1.75bn yuan Beijing partnership
In short
A new enterprise management partnership, Tiejian Yuanhang (Beijing) (铁建远航（北京）企业管理合伙企业（有限合伙）), has been established with capital contributions of 1.75 billion yuan, according to Tianyancha (天眼查) data cited by 36Kr, Jiemian and CLS. A China Reform Holdings (中国国新) unit holds 80%, China Railway Construction Corporation (中国铁道建筑集团有限公司) 19.99% and the executive partner, Zhongtiejian Jinkun Asset Management (中铁建锦鲲资产管理有限公司), 0.01%.
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A new partnership named Tiejian Yuanhang (Beijing) Enterprise Management Partnership (Limited Partnership) (铁建远航（北京）企业管理合伙企业（有限合伙）) has recently been established, according to Tianyancha (天眼查) records reported by 36Kr, Jiemian and CLS on October 9. Its capital contributions total 1.75 billion yuan, and its business scope includes enterprise management and enterprise management consulting. The executive partner is Zhongtiejian Jinkun Asset Management Co. (中铁建锦鲲资产管理有限公司). [ 1 , 2 , 3 ]
Partner information shows the partnership is jointly funded by Guoxin Yuanhang (Beijing) Investment Co. (国新远航（北京）投资有限公司), a unit of China Reform Holdings (中国国新), with 80%; China Railway Construction Corporation (中国铁道建筑集团有限公司) with 19.99%; and Zhongtiejian Jinkun Asset Management with 0.01%. The three outlets carried identical details and did not report further plans for the partnership. [ 1 , 2 , 3 ]
Why it matters
The reports set out the partnership's ownership and registered scope but give no further detail on its plans. With an 80% share, the China Reform Holdings unit is the majority contributor, while the 0.01% partner manages the partnership's affairs as executive partner.
Key facts
- Tiejian Yuanhang (Beijing) Enterprise Management Partnership (Limited Partnership) (铁建远航（北京）企业管理合伙企业（有限合伙）) was recently established, according to Tianyancha. [ 1 , 2 , 3 ]
- Capital contributions total 1.75 billion yuan. [ 1 , 2 , 3 ]
- The executive partner is Zhongtiejian Jinkun Asset Management Co. (中铁建锦鲲资产管理有限公司). [ 1 , 2 , 3 ]
- Guoxin Yuanhang (Beijing) Investment Co. (国新远航（北京）投资有限公司), a unit of China Reform Holdings (中国国新), contributes 80%. [ 1 , 2 , 3 ]
- China Railway Construction Corporation (中国铁道建筑集团有限公司) contributes 19.99% and Zhongtiejian Jinkun Asset Management 0.01%. [ 1 , 2 , 3 ]
- The business scope covers enterprise management and enterprise management consulting. [ 1 , 2 , 3 ]
Confirmed by several sources
- Nothing is confirmed by two independent outlets yet.
Still unclear
- The exact date the partnership was established. All reports say only that it was set up recently.
- What the partnership will invest in or do beyond its registered business scope. The reports give only the registered scope of enterprise management and consulting.
- The partnership was established with capital contributions of 1.75 billion yuan. Reported by a single source so far
- The contribution shares are 80% for Guoxin Yuanhang (Beijing) Investment, 19.99% for China Railway Construction Corporation and 0.01% for Zhongtiejian Jinkun Asset Management. Reported by a single source so far
- Zhongtiejian Jinkun Asset Management is the executive partner. Reported by a single source so far