What Is an Economic Development Corporation?

China Huayu Economic Development Co., Ltd. was established on April 30, 1988. A state-owned enterprise approved by the State Administration for Industry and Commerce is a wholly state-owned company mainly engaged in investment and trade. Its headquarters is located in Beijing, China. ^[1]

China Huayu Economic Development Co., Ltd.

China Huayu Economic Development Co., Ltd. was established on April 30, 1988. A state-owned enterprise approved by the State Administration for Industry and Commerce is a wholly state-owned company mainly engaged in investment and trade. Its headquarters is located in Beijing, China. ^[1]

Established

April 30, 1988

Company Type

National ownership

Registration authority

Beijing Administration for Industry and Commerce

China Huayu

Based on the traditional nuclear industry, China Huayu has implemented a mixed economic policy of central enterprises. In recent years, it has established a number of financial institutions and similar financial institutions, and has acquired a number of industrial companies, gradually forming a group company mainly based on finance and supplemented by industry. Over the years, China Huayu has not only engaged in the domestic and foreign trade of nuclear materials, petrochemicals, metallurgy, light textiles, building materials, etc., but also has been involved in the development and operation of projects such as ports, mines, real estate, and new energy. The company has cooperated with many scientific research units (institutions) at home and abroad, covering fields from military industry, machinery, hydropower, minerals, coal to real estate, media, aviation technology, hydrogen batteries and other industries. It has formed a diversified industrial chain and has invested in cooperation The large-scale projects include Dongfang Residential District, Huaxi Village High-tech Agriculture Project, Dongling Mining and Zhongjing Hydrogen Industrial Park.

At present, China Huayu already owns a variety of financial service institutions such as banks, guarantee companies, investment fund companies, etc. in the financial sector. Through the integration of upstream and downstream resources in the financial industry chain, it provides market and financiers with tight risk control and investment and financing integration. Comprehensive financial solutions to meet the needs of investors and financiers. ^[2]