Related Enterprises

Wuhan Financial Holdings(Group)

Established in August 2005, Wuhan Financial Holdings (Group)("WHFHG") is a Wuhan-based state-owned enterprise with a registered capital of RMB 30 billion. As Wuhan's sole tier 1 state-backed financial platform, the group oversees more than 20 financial sectors, including banking, securities, financial leasing, trusts, futures, funds, asset management, and financing leasing. Its industrial segments are primarily focused on international trade, integrated circuits, BeiDou navigation, photovoltaic energy, and modern logistics. The group has 137 subsidiaries, including 3 nationally licensed financial institutions and 2 listed companies on the main board,has equity investments in multiple listed companies, and employs nearly 20,000 staff group-wide. In recent years, to deeply study and implement the important instructions by Xi Jinping on state-owned enterprise (SOE) reform and the spirit of the speeches during the inspection of Hubei Province and in accordance with the municipal government's directives to "Dedicated to core business, Rooted in the local area, and Returning to the essence," WHFHG has adhered to an integrated development model of "finance plus industry", effectively fulfilling its responsibility to preserve and increase the value of state-owned financial assets and driving counter-cyclical growth in key operational indicators. The Group became the first municipal state-owned enterprise in Wuhan's history to achieve revenue exceeding RMB 100 billion. In 2025, the group was listed among the Top 500 Chinese Enterprises for the eighth time, ranking to 246th place—the first time it entered the top half of the ranking—and securing the highest position among Wuhan's municipal state-owned enterprises. The group has maintained the highest AAA credit rating and received an investment-grade international credit rating from Fitch, with a stable outlook. Its comprehensive ranking remains among the leading sub-provincial state-owned financial holding groups nationwide, positioning it as a key driver in the development of Wuhan as a regional financial center.
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Hubei Financial Leasing Co., Ltd.

Founded in 2015 by the group, Hubei Financial Leasing Co., Ltd., aims to be a "first-class asset financial service provider." Leveraging the unique features of financial leasing-asset+capital financing, it continuously innovates financial products and services. Its comprehensive strength positions it among the upper-middle tier of the industry, with core indicators such as net assets, investment scale, revenue, and profit ranking at the forefront.
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GuotongTrust Co., Ltd.

Acquired by the group in 2016, Guotong Trust Co., Ltd. is 75% owned by the group. It offers 25 types of services across three core categories: asset services, asset management, and charitable trusts. Operating across the money, capital, and real economy markets, it benefits from property isolation and flexible institutional arrangements, raising its competitive position to the upper-middle level among the 68 trust companies in the industry.
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Huayuan Securities Co., Ltd.

Acquired by the group in 2022, Huayuan Securities is a comprehensive securities broker in which the group holds a 50% stake (together, 72.5% by Wuhan's state capital), positioning it as the actual controller. The company offers clients customized, comprehensive financial solutions and has developed business modules in wealth management, investment banking, asset management, fixed income, and trading. This creates a complete service chain with more than 40 branches nationwide. Additionally, the company has an alternative investment subsidiary, Huazheng Capital, and a futures subsidiary, Huayuan Futures.
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Jiang Cheng Industrial Investment Fund(Wuhan)Co., Ltd

Established in August 2024 with a registered capital of RMB 12 billion, the Jiangcheng Fund is an incorporated fund of funds controlled by WHFHG. Leveraging the group's decade-long experience in managing an integrated circuit fund in Hubei, the company plans to initiate strategic investment and development funds by establishing partnerships with key enterprises. These funds will cover a comprehensive industry chain ecosystem, encompassing everything from chip design and core manufacturing equipment to parts, components, materials, packaging, testing, and downstream applications.
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Hubei Dinghao Intelligent Energy Co., Ltd.

Hubei Dinghao Intelligent Energy operates on a dual-driven model of "Finance + New Energy" involved in centralized procurement and sales of photovoltaic equipment, power station development and transfer, new energy supply chains and O&M services, IT integration and asset custody, and power market trading. It seeks to become the largest comprehensive service provider for new energy power stations in Central China. In its first year, it secured an installed capacity of 1 GW and reduced carbon emissions by 322,000 tons, achieving industry leadership.
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HANRT Digital and Smart Technology Co., Ltd

The development of the "HANRT" platform to high standards is a key financial initiative entrusted to the group by the city's party committee and government. This platform establishes a compliant mechanism for the collection, sharing, and utilization of government data, seamlessly integrating functions like policy implementation and financing connections through advanced internet technology. Its goal is to consolidate quality financial resources and build an intelligent financial system for Wuhan.
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Wuhan Yangtze River Capital Investment Development. Co., Ltd.

Founded in 2000, Wuhan Development & Investment Co., Ltd. holds various financial and pseudo-financial licenses, including securities, guarantees, financing leasing, microloans, and pawning. It controls two listed companies and has stakes in key local enterprises such as Hankou Bank, Wuhan Rural Commercial Bank, Yangtze Communications, and Huaneng Wuhan, as well as high-quality listed firms like Heyuan Gas and Sun-Novo.
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Wuhan Changjiang Capital Investment Development Co., Ltd.

Wuhan Changjiang Capital Investment Development Co., Ltd. founded in September 2011, is primarily engaged in capital operation, asset management, special assets, supply chain management, and auction services. The company is oriented towards serving the real economy and meeting customer needs. It constantly explores ways of business transformation, institutional reform, and management innovation, striving to become a "promoter of efficient resource integration, facilitator of efficient capital operations, and practitioner of value co-creation and sharing" as well as a first-class state-owned capital operation service provider.
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Wuhan Yangtze River Industrial Asset Management Co., Ltd.

Established in June 2006, Wuhan Changjiang Asset Management Co., Ltd. is a wholly state-owned enterprise specializing in the acquisition and disposal of non-performing assets. Since its establishment, the company has assisted a number of struggling enterprises in reducing their debt burdens and has supported two municipal banks in transforming into joint-stock companies, thus having achieved considerable economic and social benefits.
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Wuhan Rongwei Escort Security Service Co., Ltd.

Wuhan Rongwei Escort Security Service Co., Ltd., established in October 1999, is a wholly state-owned company featuring financial armed escort and security services. It is one of the most comprehensive and professionally operated financial armed escort companies in China, offering a wide range of services, along with a long industrial chain, and efficient and secure service guarantees. Its financial escort business holds a market share of over 90% in the Wuhan market.
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Wuhan State-owned Industry Investment Co., Ltd.

Wuhan State-owned Industry Investment Co., Ltd. was established in December 2000. At its inception, the company served as the investment and financing window for the Wuhan industrial system and was designated by China Development Bank as a financing platform for SME loans. It vigorously supported numerous enterprises, including Wuhan Boiler Co., Ltd., Wuhan Heavy Duty Machine Tool Group Corporation, and Wuhan Fingu Electronic Technology Co., Ltd., in their technological renovations, restructuring, and expansion, making a significant contribution to Wuhan's goal of becoming a strong industrial city.
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Wuhan Transportation Construction Investment Co., Ltd.

Established in October 1999, Wuhan Transportation Construction Investment Co., Ltd. is mainly responsible for the investment, construction, operation and management of transportation infrastructure such as "roads, bridges, ports, and stations." The company has a registered capital of RMB 353 million. In September 2014, its main business shifted to "charging facilities" for new energy vehicles. The company has two secondary subsidiaries: Wuhan New Energy Vehicle Charging Facility Construction Co., Ltd. and Wuhan Zhongyi Transportation Development Co., Ltd.
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Wuhan Yangluo Development Co., Ltd.

Wuhan Yangluo Development Co., Ltd. was established in 1997. In August 2015, the company began promoting new energy buses citywide using a "dual leasing" (financial leasing + operational leasing) business model. Since 2018, the company has actively promoted business transformation and vigorously engaged in automobile supply chain trading, aiming to become a "first-class automobile supply chain trade service provider in the province."
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Wuhan Yangtze River United Economy Development (Group) Co., Ltd.

Wuhan Yangtze River Economic United Development Co., Ltd. was established in December 1992. It was initially set up as an investment company to promote the economic development of the Yangtze River Delta region and cities along the Yangtze River following Comrade Deng Xiaoping's Southern Tour speech in 1992. The company owns the Guoxuling Sifang Transportation Logistics Park and engages in microfinance and pawnshop businesses in the financial sector.
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