Difference between Bengbu City Investment and Bengbu Investment

1. Bengbu City Investment Holding Co., Ltd. (hereinafter referred to as "City Investment Company") is a wholly state-owned company approved by the Bengbu Municipal People's Government with a registered capital of 3 billion yuan.

the company undertakes the investment, financing, construction and operation of urban infrastructure, public utilities and other projects; Management and capital operation of state-owned assets within the scope authorized by the municipal government; Manage the welfare assets of state-owned enterprises; Investment, construction and operation of real estate development, affordable housing and other projects; Equity investment; Investment, construction and maintenance of highways and urban roads; Investment, construction and operation management of landscape and greening projects; Property management; Domestic trade; Supply and marketing of materials; Other businesses authorized by the municipal government.

2. Bengbu Investment Group Co., Ltd., formerly known as Bengbu Construction Investment Co., Ltd., was established in May 1994. It is a wholly state-owned company approved by Bengbu Municipal Government with a registered capital of 8 million yuan. After years of development, the company has formed a career development pattern of "one platform and two sectors" (namely, investment and financing platform, urban operation sector and high-tech sector), and its strength has been continuously enhanced. By the end of 28, the company had total assets of 3.5 billion yuan and net assets of 1 billion yuan.

the company gives full play to the function of investment and financing platform, and has built a comprehensive investment and financing platform with guarantee, futures, pawn, insurance, auction and designated borrowers for loans from Bengbu National Development Bank, and is expanding related businesses, such as finance companies/finance centers, Bengbu rural commercial banks, local industrial funds, PE funds or venture capital companies, microfinance companies or financial leasing companies, and issuing corporate bonds and trust plans.