COFCO Capital is a state-owned enterprise. According to official website's national enterprise credit information publicity system, Zhonghuan Semiconductor Co., Ltd. is a state-owned enterprise. Zhonghuan Semiconductor Co., Ltd. was established in 1999, formerly known as Tianjin Semiconductor Device No.3 Factory, and was established in 1969. In 2004, it completed the shareholding system reform and was listed on Shenzhen Stock Exchange in April 2007. It is jointly established by China Grain Group Corporation and COFCO Corporation. Although COFCO capital belongs to private capital in the market, its actual control right and capital background are related to state-owned enterprises. As a state-owned holding company, COFCO Capital is influenced and guided by the relevant national policies and supervision in its operation and management, and its development is also influenced by the overall national economic and industrial policies. Therefore, although COFCO Capital is a private capital in the market, it is still a state-owned holding company. It is the most influential company in agricultural finance. The company is a specialized company and investment platform operating and managing financial business under COFCO. Its subsidiaries include Sino-British Life Insurance, COFCO Trust, COFCO Futures, Zhong Yi Insurance Brokers, COFCO Fund, Longjiang Bank, Mingcheng Finance, COFCO Capital (Hong Kong) and so on. Relying on the industrial chain of COFCO, the company combines industry and finance to serve agriculture, countryside and farmers, and is committed to becoming the most influential benchmark enterprise in the field of agricultural finance.