The China Chengtong Group (“CCT Group”) is one of three entities mandated by the State Owned Assets Supervision and Administration Commission (“SASAC”) to handle SOEs’ asset disposals and is a primary platform under SASAC for SOE restructuring.
The CCT Group has a proven track record of successfully restructuring SASAC’s SOE projects and has more than one hundred subsidiaries which operate an asset pool of over RMB70bn and it continues receiving assets from SASAC.
Our footprint in China continues to be enlarged with the start of BEIJING CHENGTONG REORIENT INVESTMENT CONSULTANCY LIMITED, which is owned 51% by REORIENT and 49% by CCT. This joint venture company is made up of CCT experts and REORIENT capital market professionals who have skill sets in the following areas: government relationships, accounting, corporate finance and research expertise.
Based in Beijing, so as to leverage on CCT’s strengths as well as to better position the JV to work with CCT’s subsidiaries, REORIENT is positioned to:
REORIENT will play a unique role in the State Owned Enterprises restructuring process and their subsequent global expansion by: