Baoying Fund Management Co., Ltd. was established in May, 20001year. At present, the shareholders are Hengping Trust & Investment Co., Ltd., Chengdu Industrial Investment Management Co., Ltd. and China Foreign Economic and Trade Trust & Investment Co., Ltd., and their capital contributions are 49%, 26% and 25% respectively.
Shareholders 1: The shareholders of Hengping Trust and Investment Co., Ltd. are composed of China Railway Engineering Corporation, China Railway Second Engineering Group Co., Ltd., Chengdu Industrial Investment Management Co., Ltd. and Chengdu State-owned Assets Investment Management Company, with a registered capital of 3.405 billion yuan.
Shareholder 2: Chengdu Industrial Investment Management Co., Ltd. is a wholly state-owned company established in August, 2000 1 year with a registered capital of1billion yuan, and is responsible for the authorized operation or entrusted operation of municipal state-owned industrial enterprises authorized by the municipal government. By the end of 2003, the company's assets had reached 4 billion yuan.
Shareholder 3: China Foreign Economic Relations and Trade Trust and Investment Co., Ltd. was established in September, 1987, which is a central trust and investment company directly supervised by China Banking Regulatory Commission. The shareholders of the company are China Sinochem Group Corporation (holding 90%) and Sinochem Fertilizer Corporation (holding 10%), with a registered capital of 832 million yuan (including 35 million US dollars).
Actual controlling shareholder: China Railway Engineering Corporation (CREC) is a multi-functional, super-large enterprise group integrating survey and design, construction and installation, industrial manufacturing, scientific research and consultation, project supervision, capital management and foreign trade, and it is a central enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council. In 2006, it entered the world's top 500 enterprises, ranking 44 1, and ranked 467th in the world's top 500 brands.