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Is financial control group a state-owned enterprise?
Jinkong Group is a state-owned enterprise. Financial holding company is an organizational form to realize the comprehensive operation of the financial industry, and it is also a capital operation form to pursue the optimization of capital investment and the maximization of capital profit. In the financial holding group, the holding company can be regarded as a group company, and other financial enterprises can be regarded as member enterprises. Group companies and member enterprises are related to each other through property rights or management relations.
Company source
The term "financial holding company" originated in the United States, and the legal term "financial holding company" was first put forward in the provisions of the Financial Services Law of the United States on the organizational structure of bank holding companies, but there is no clear definition. Item 1, Paragraph 2 of Article 4 of the Financial Holding Company Law in Taiwan Province, China defines a financial holding company as a company established in accordance with the Financial Holding Company Law by controlling the shares held by banks, insurance companies or securities firms.
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