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Replies to post #15148 on JB and ZJMY Holding Co (JBZY)
DreamGreen
03/23/17 11:22 AM
#15160 RE: floridany #15148
China Investment Corporation (the "Company"), duly incorporated under the Company Law of the People's Republic of China (the "Company Law"), is a wholly state-owned company engaging in foreign exchange investment management businesses. The Company shall operate in compliance with applicable laws and regulations, appropriately bear the cost of the funds received from the government, enhance its operating results and establish effective corporate governance. The Company shall separate its commercial activities from governmental functions, make its business decisions independently and operate based on commercial grounds. The Company bears civil liabilities to the extent of the total assets held by it as a legal person. The Company's business objectives are to carry out an active and steady operation, endeavor to maximize the shareholder's interests within an acceptable scope of risk, and continually improve the corporate governance in the state-owned major financial institutions it controls. The Company's Chinese name shall be "??????????," and its English name shall be "China Investment Corporation," with "CIC" as the acronym. The Company's registered capital is RMB1,550 billion ($200 billion).
xZx
03/23/17 5:47 PM
#15623 RE: floridany #15148