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Dongfeng Motor Group
Dongfeng Motor Group Co., Ltd., doing business as DFG, is a Chinese holding company based in Wuhan, Hubei. Its H shares were listed on the Hong Kong stock exchange. Dongfeng Motor Group formed several joint ventures with other foreign automobile makers, namely Luxgen, Honda, Renault-Nissan and Stellantis (which was created by the merger of Fiat Chrysler Automobiles and Groupe PSA). It has also leased several trademarks from the parent company Dongfeng Motor Corporation since 2005. Dongfeng Motor Group was ranked 550th in 2017 Forbes Global 2000, ''Forbes'' Global 2000 List. , the market capitalization of its H shares (about 33.15% of total share capital) was Hong Kong dollar, HK$24.931 1,000,000,000, billion. History Dongfeng Motor Group (then known as Dongfeng Motor Co., Ltd.) was incorporated on 18 May 2001 as a special purpose vehicle for Debt restructuring, debt-to-equity swap of Dongfeng Motor Corporation. The other shareholders were fellow state-owned financial comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dongfeng Motor Co
Dongfeng is the romanization of several Chinese names of which most notably "East Wind" (). Dongfeng may refer to: People's Republic of China * Dongfeng (missile) (), series of ballistic missiles of the People's Liberation Army * Chinese series of diesel locomotives ** China Railways DF **DF4 **DF8 **Dongfeng DMU * Dongfeng Motor Corporation (), automobile company and its subsidiaries and joint ventures Administrative divisions * Dongfeng County (), Liaoyuan City, Jilin Province * Dongfeng District (), Jia Mu Si City, Heilongjiang Province * Dongfeng Town (other), for towns named Dongfeng nationwide ;Neighborhoods () * Dongfeng Subdistrict, Bengbu, in Longzihu District, Bengbu, Anhui * Dongfeng Subdistrict, Beijing, in Fangshan District * Dongfeng Subdistrict, Guangzhou, in Yuexiu District * Dongfeng Subdistrict, Baoding, in Beishi District, Baoding, Hebei * Dongfeng Subdistrict, Shijiazhuang, in Qiaodong District * Dongfeng Subdistrict, Daqing, in Sartu District, Daqin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honda
commonly known as just Honda, is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate automotive manufacturer headquartered in Minato, Tokyo, Japan. Founded in October 1946 by Soichiro Honda, Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 500 million . It is also the world's largest manufacturer of internal combustion engines measured by number of units, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. In 2015, Honda was the eighth largest automobile manufacturer in the world. The company has also built and sold the most produced motor vehicle in history, the Honda Super Cub. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, on 27 March 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Cinda Asset Management
China Cinda Asset Management Co., Ltd., doing business as Cinda or China Cinda, is a Chinese distressed asset management company headquartered in Beijing. The corporation was founded as a state-owned enterprise and a bad bank for China Construction Bank in 1999. The bank received shares by debt-to-equity swap on non-performing loans. In 2010, the corporation became a "company limited by shares". In 2013, part of the shares were started to float on Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market .... In 2015 Cinda acquired Nanyang Commercial Bank from fellow state-controlled financial conglomerate Bank of China (Hong Kong). In February 2024, Cinda, along with China Orient Asset Management and China Great Wall Asset Management, was transferred from th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Huarong Asset Management
China CITIC Financial Asset Management (previously known as China Huarong) is a majority state-owned financial asset management company in China, with a focus on distressed debt management. It was one of the four asset management companies that the Government of China established in 1999 in response to the 1997 Asian financial crisis. History On 11 November 1999, China Huarong was incorporated in Beijing as China Huarong Asset Management Corporation (), which was one of the four asset management companies as approved by the State Council of the People's Republic of China. In 2000, China Huarong began acquiring a non-performing loan of RMB 407,696 million from the Industrial and Commercial Bank of China. The company later became a limited company: China Huarong Asset Management Co., Ltd. () in 2012. In August 2014, China Huarong introduced seven strategic investors, including Warburg Pincus, CITIC Securities International, Khazanah Nasional, China International Capital Corpora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called " refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Purpose Vehicle
A special-purpose entity (SPE), also called a special-purpose vehicle (SPV) or a financial vehicle corporation (FVC), is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, they are commonly used to own a single asset and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Dollar
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of Hong Kong. It is divided into 100 cents. Historically, it was also divided into 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. the Hong Kong dollar was the ninth- most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. ''Share capital'' may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). This equation shows the constituents that make up a company's real share capital: : \sum\text \times \text This is differentiated from share capital in the accounting sense, as it presents nominal share capital and does not take t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
H Shares
H shares () refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exchanges in Shanghai or Shenzhen, they are known as A+H companies. H shares are also held by a nominee service company "HKSCC Nominees Limited" (HKSCC for Hong Kong Securities Clearing Company), which was owned by Hong Kong Exchanges and Clearing. Price discrepancies between the H shares and the A share counterparts of the same company are not uncommon. A shares generally trade at a premium to H shares as the People's Republic of China government restricts mainland Chinese people from investing abroad and foreigners from investing in the A-share markets in mainland China. Tsingtao Brewery was the first enterprise to offer H-shares when it became the first Chinese firm listed on the Hong Kong Stock Exchange in June 1993. Index for H sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: 2023 list In 2023, the ten largest companies as calculated by this method were: 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the ''Forbes'' Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groupe PSA
Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding £38 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis. The deal closed on 16 January 2021. , Stellantis is the fourth largest automaker by sales behind Toyota, Volkswagen Group, and Hyundai Motor Group. Peugeot was the largest PSA brand. PSA was listed on the Euronext Paris stock exchange and was a constituent of the CAC 40 index. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. PSA announced plans to enter the Indian, Ame ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiat Chrysler Automobiles
Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of Car, automobiles, commercial vehicles, List of auto parts, auto parts and production systems. The corporation was established by January 2012, when Fiat S.p.A., Fiat acquired a 58.5% stake of the Chrysler Group (which from 1998 to 2007 was part of DaimlerChrysler) and thus became, at that time, the Automotive industry, 7th largest automaker (behind Toyota, General Motors, Volkswagen Group, Volkswagen, Hyundai Motor Group, Hyundai, Ford Motor Company, Ford and Nissan). Its corporate headquarters were domiciled in Amsterdam and its financial headquarters were in London. The holding company was listed on the New York Stock Exchange and Milan's Borsa Italiana. Exor (company), Exor, an Italian investment group controlled by the Agnelli family, owned 29% of FCA and controlled 44% through a loyalty voting mechanism,FCA_2014_Annual_Report.p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
