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Tsinghua Holdings
Tsinghua Holdings Corp., Ltd. is a wholly owned subsidiary of Tsinghua University. The company was established as an in-house asset management company for Tsinghua's subsidiaries that were established in the 1990s by the technology transfer of research to business. History Tsinghua Holdings was formally formed in 2003 (though preliminarily tested in 2001) in response to the 2001 policy of separating universities and university-owned enterprises; all the shares of subsidiaries of Tsinghua University were transferred to Tsinghua Holdings. Announced by State Council of China in 2001, the plan aimed to separate ownership and management of holdings, bring on professional business managers, and separate assets of operating business and non-operating business. The university itself did not invest in other companies directly thereafter, but through the holding companies. The role of the university is to supervisor holding companies via nominating the board of directors with oversight for ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ...
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Hu Jintao
Hu Jintao (born 21 December 1942) is a Chinese retired politician who served as the general secretary of the Chinese Communist Party (CCP) from 2002 to 2012, the president of China from 2003 to 2013, and chairman of the Central Military Commission (CMC) from 2004 to 2012. He was a member of the CCP Politburo Standing Committee, China's de facto top decision-making body, from 1992 to 2012. Hu was the fifth paramount leader of China from 2002 to 2012. Hu rose to power through the Chinese Communist Party (CCP), notably as Party Committee secretary for Guizhou province and the Tibet Autonomous Region, where his harsh repression of dissent gained him attention from the highest levels. He moved up to serve as a member of the CCP Central Secretariat and vice president under CCP general secretary Jiang Zemin. Hu was the first leader of the Communist Party from a generation younger than those who participated in the civil war and the founding of the republic. Influential sponsors ...
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Zhongguancun
Zhongguancun ( Chinese: 中关村) is a major technology hub in the Haidian District, Beijing, China. Zhongguancun occupies a band between the northwestern Third Ring Road and the northwestern Fourth Ring Road in the northwestern part of Beijing. Zhongguancun is sometimes known as China's Silicon Valley. The place is also the center of the Beijing-Tianjin-Shijiazhuang Hi-Tech Industrial Belt. History Chen Chunxian envisioned Zhongguancun, which then became a well-known technology hub 30 years later. Chunxian, a member of the Chinese Academy of Sciences (CAS), conceived of a Silicon Valley in China following a government-sponsored trip to Boston and Silicon Valley, United States. Zhongguancun became known as "Electronics Avenue" () in the early 1980s, due to its information technology markets along a central, crowded street. Zhongguancun was recognized by the central government of China in 1988, and officially named "Beijing High-Technology Industry Development Experi ...
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Government-owned Companies Of China
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company' ...
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Companies Based In Beijing
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporatio ...
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Tsinghua Tongfang
Tsinghua Tongfang Co., Ltd. is a Public company, publicly traded state-owned enterprise headquartered in Beijing, China, which operates in various sectors including consumer electronics, information technology, and energy and environmental industries. The company was established in 1997 and was listed on the Shanghai Stock Exchange the same year. In 2019, China National Nuclear Corporation became the controlling shareholder of Tsinghua Tongfang. Tsinghua Tongfang manufactures its own in-house brand of televisions under the brand THTF.https://www.consumerreports.org/lcd-led-oled-tvs/tv-brands-arent-always-what-they-seem/ Consumer Reports: TV Brands Aren't Always What They Seem You might be surprised to find out who made your set Investment Tongfang builds industry chains with focus on two major business: information industry and energy environment industry. The company's activities primarily encompass the production and service of products such as PCs, LED chips, security system ...
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Hwatsing Technology
Hwatsing Technology (Hwatsing; ) is a partially state-owned publicly listed Chinese company headquartered in Tianjin that manufactures semiconductor chip production equipment. Its most notable product offerings are in chemical-mechanical polishing (CMP) machines. Background In 2000 at Tsinghua University, Luo Jianbin and Lu Xinchun began their research on CMP technology. In April 2013, Tsinghua Holdings and the Tianjin Municipal Government established Hwatsing to commercialize the technology developed from the CMP project. Hwatsing produced China's first 12-inch CMP machine. On 9 June 2022, Hwatsing held its initial public offering becoming a listed company after listing on the Shanghai Stock Exchange STAR Market. The offering raised $540 million and the shares rose 64% on its trading debut. In August 2024, it was reported that Hwatsing would invest $237.2 million to build a new plant in Shanghai. In December 2024, Hwatsing was targeted in a new round of US expo ...
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China Integrated Circuit Industry Investment Fund
The China Integrated Circuit Industry Investment Fund (ICF; ), also known as the National Integrated Circuit Industry Investment Fund and the Big Fund (), is a China Government Guidance Fund. The fund aims to help China reach its national goal of achieving self-sufficiency in the semiconductor industry (as part of the Made in China 2025 plan) by investing in domestic semiconductor companies. It has played a significant role with regards to the semiconductor industry in China by funding companies such as SMIC, Hua Hong Semiconductor, and YMTC. The fund has three phases respectively, with Big Fund I (2014 to 2019) and Big Fund II (2019 to 2024), and Big Fund III (2024 to 2039). The fund's management company is Sino IC Capital. History Preparation In June 2014, the State Council of the People's Republic of China proposed in the National Integrated Circuit Industry Development Guidelines that a national investment fund should be set up to provide focused support for the dev ...
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Jiangxi
; Gan: ) , translit_lang1_type2 = , translit_lang1_info2 = , translit_lang1_type3 = , translit_lang1_info3 = , image_map = Jiangxi in China (+all claims hatched).svg , mapsize = 275px , map_caption = Location of Jiangxi in China , coordinates = , subdivision_type = Country , subdivision_name = China , named_for = Jiangnanxi Circuit () , seat_type = Capital , seat = Nanchang , seat1_type = Largest city , seat1 = Ganzhou , parts_type = Divisions , parts_style = para , p1 = 11 prefectures , p2 = 99 counties , p3 = 1549 townships , government_type = Province , governing_body = Jiangxi Provincial People's Congress , leader_title = Party Secretary , leader_name = Yin Hong , leader_title1 = Congress chairman , leader_name1 = Yin Hong , leader_title2 = Governor ...
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Chinese Communist Party Committee Secretary
A Party Committee Secretary () is the leader of the Chinese Communist Party (CCP) organization in a province, city, village, or other administrative unit. In most cases, it is the ''de facto'' highest political office of its area of jurisdiction. The term can also be used for the leadership position of CCP organizations in state-owned enterprises, private companies, foreign-owned companies, universities, research institutes, hospitals, as well as other institutions of the state. Post-Cultural Revolution, the CCP is responsible for the ''formulation'' of policies and the government is responsible for its day-to-day ''execution''. At every level of jurisdiction, a government leader serves alongside the party secretary. For example, in the case of a province, the provincial Party Secretary is the ''de facto'' highest office, but the government is headed by a government leader called a "Governor" (). The Governor is usually the second-highest-ranking official in the party's Provinci ...
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General Secretary Of The Chinese Communist Party
The general secretary of the Central Committee of the Chinese Communist Party ( zh, s=中国共产党中央委员会总书记, p=Zhōngguó Gòngchǎndǎng Zhōngyāng Wěiyuánhuì Zǒngshūjì) is the leader of the Chinese Communist Party (CCP), the sole ruling party of the People's Republic of China (PRC). Since 1989, the CCP general secretary has been the paramount leader of the PRC. The position of the general secretary of the Central Committee was established at the 4th Party National Congress in 1925, when Chen Duxiu, one of the founders of the CCP, was elected as the first General Secretary. After the 7th National Congress, the position was replaced by the Chairman of the Central Committee, which was held by Mao Zedong until his death. The post was re-established at the 12th National Congress in 1982 and replaced the Party Chairman as the highest leadership position of the CCP; Hu Yaobang was the first General Secretary. Since the 1990s, the holder of the pos ...
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Party Committee Secretary
A Party Committee Secretary () is the leader of the Chinese Communist Party (CCP) organization in a province, city, village, or other administrative unit. In most cases, it is the ''de facto'' highest political office of its area of jurisdiction. The term can also be used for the leadership position of CCP organizations in state-owned enterprises, private companies, foreign-owned companies, universities, research institutes, hospitals, as well as other institutions of the state. Post-Cultural Revolution, the CCP is responsible for the ''formulation'' of policies and the government is responsible for its day-to-day ''execution''. At every level of jurisdiction, a government leader serves alongside the party secretary. For example, in the case of a province, the provincial Party Secretary is the ''de facto'' highest office, but the government is headed by a government leader called a "Governor" (). The Governor is usually the second-highest-ranking official in the party's Provinci ...
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