China Chengtong Group said it manages nine funds, including the national SOE
Restructuring Fund and the SOE Mixed-Ownership Reform Fund, with total assets of
710 bln yuan and paid-in capital above 300 bln yuan. The group has completed
400+ investments and closed deals exceeding 250 bln yuan, mobilising about 1.5
trln yuan of social capital and reporting a capital amplification of 6.5x. More
than 90% of invested projects are in central SOE-related fields, over 75% target
strategic emerging industries, and over 60% focus on high-tech and specialized,
refined and innovative companies; in its '9+6' strategic-new sectors it has
invested in 300+ projects totalling over 170 bln yuan.