Ying Xiang

China Huarong Asset Management Co., Ltd. (Invt Port) (China Huarong IP) is the investment portfolio division of China Huarong Asset Management Co. Ltd., the investment advisory subsidiary of the Government of China's Ministry of Finance. The firm was established in 1999 when China set up four asset management companies to deal with the toxic assets of the country's four largest state-owned banks in a bid to help them transform quickly into market-oriented institutions. Headquartered in Beijing, China Huarong IP has several locations in China and purchases, manages, and disposes non-performing assets transferred from The Industrial and Commercial Bank of China. They also provide debt claiming, asset swapping, debt restructuring, refinancing arrangements, consulting and other related services.

China Ocean Industry Group Ltd. engages in the production and operation of shipbuilding, securities trading, and provision of financial services. It operates through following segments: Shipbuilding, Trading, Finance Leasing, Intelligent Parking and Automotive Device, and Steel Structure Engineering and Installation. The Shipbuilding segment provides shipbuilding services under shipbuilding construction contracts and ship repair services. The Trading segment trades electronic appliances. The Intelligent Car Parking and Automotive Device segment manufactures and sells car parking equipment and investment. It is also involved in the operation and management of car parks and automotive devices. The Steel Structure Engineering and Installation offers steel structure and fittings for ships, marine, mining, and ro-ro equipment, and ship, bridge, and building steel structure. The company was founded on May 22, 1998 and is headquartered in Hong Kong.