
Focusing on the electricity/natural gas and new energy industries, it is a diversified and comprehensive enterprise integrating new energy, finance, real estate, trade, hotel tourism and social undertakings
Jiangsu Guoxin Asset Management Group Co., Ltd., established in August 2001, is a large provincial wholly state-owned enterprise group, engaged in the operation, management, transfer, investment, enterprise trusteeship, asset restructuring and other approved businesses of state-owned assets within the scope of the authorization of the provincial government. By the end of 2016, the Group's total assets were 148.1 billion yuan and its net assets were 77.6 billion yuan. In that year, the operating income was 49.2 billion yuan, and the total profit was 6.6 billion yuan; It has 218 wholly-owned and holding enterprises.
Since its establishment, Jiangsu Guoxin has always relied on its resource and functional advantages to develop and form six major business sectors, including energy (new energy), finance, real estate, trade, hotel tourism and social undertakings. The group is a large local energy investment body in the province, adhere to the province's role as the main channel of energy supply, and gradually establish a "wind, solar, water, fire" multi-energy complementary, electricity, natural gas and new energy multi-wheel drive energy supply system, has been put into operation holding a total installed capacity of 10.96 million kilowatts, put into operation 380 kilometers of natural gas pipelines, to achieve more than 50% of the province's power supply from Guoxin Holding power plants, more than 20% of the natural gas supply from Guoxin Natural Gas Company. The integration of industry and finance is one of the Group's unique advantages. The group has financial licenses such as trust, financing guarantee, futures, insurance brokerage, etc., among which the comprehensive strength of trust business ranks first in the province, and the scale of trust assets is nearly 460 billion yuan. The Group serves the strategy of strengthening the province in finance, and participates in the establishment of provincial-level local financial institutions such as securities, banks and insurance on behalf of the Provincial Party Committee and the Provincial Government, all of which are the largest shareholders. As a comprehensive enterprise, the group has a variety of industries and a wide range of business fields, and is also involved in diversified businesses such as real estate development, import and export trade, hotel tourism, park construction and operation, pharmaceutical business, film distribution and screening, etc., with good development resilience, full potential and large room for maneuver.
As the only pilot enterprise in the province to rebuild a state-owned capital investment company, the group will take this opportunity to actively explore the mode and path suitable for the development of state-owned enterprises, accelerate the construction of Guoxin Group into a "strategic state-owned enterprise" in Jiangsu, and build it into a major carrier serving the strategic deployment of the provincial party committee and the provincial government, undertaking the implementation of major strategies in the province and leading the development of strategic industries in the province, and building a local state-owned enterprise with strong scale strength and sustainable competitiveness.