It is a state-owned enterprise, Yangzhou Yangzijiang Investment and Development Group Co., Ltd. was founded on December 18, 2003, is the Yangzhou municipal government funded the establishment and granting the qualification of the main body of investment in state-owned assets of the wholly state-owned enterprise group, the registered capital of 680 million yuan.
It is mainly engaged in the operation, management, transfer and investment of state-owned assets within the scope of authorization by the municipal government, enterprise trusteeship, asset reorganization and other businesses. As of the end of June 2016, the group's total assets amounted to 7.2 billion yuan, net assets amounted to 2.7 billion yuan, and there are 4,500 employees.
Expanded Information
Yangtze River Group's assets are mainly distributed in tourism and hotels, commercial trade, real estate development, financial investment and other industries. There are 17 wholly-owned enterprises, which are Yangzhou Xiyuan Industrial Development Co., Ltd, Yangzhou Hotel, Cuiyuan City Hotel, Wisteria Business Hotel, Kangshan Garden Management Co.
Yangzhou Yechun Huaiyang Cuisine Company Limited (Yechun Taipei Store), Yangzhou China International Travel Service, Yangzijiang Airport Service Company, Fireworks March Planning and Development Company Limited, Yangzhou City Electric Power Center, Yangzijiang Real Estate Company Limited, Yangzhou Shopping Mall Group, Zhenyuan Industrial Development Company Limited, Yangzhou City Yangzijiang Culture and Tourism Investment and Development Co. Ltd., Yangzijiang Cultural Training Center Co.
Two subsidiaries, namely Beijing Yangzhou Hall and Hotel Management Company; and four holding companies, namely Modern Finance Investment Group, Yangzhou Garden International Hotel, Yangzhou Yangzijiang Jiuzhou Science and Technology Development Company Limited, and Yangzhou Yechun Food Production and Distribution Company Limited.
State-owned Assets Supervision and Administration Commission of the Yangzhou Municipal People's Government-Yangzhou Yangzijiang Investment and Development Group Co.
Baidu Encyclopedia-Yangzhou Yangzijiang Investment and Development Group Co.