Linfen Investment Group | |
Type: | sovereign wealth fund |
Traded As: | (bond) |
Industry: | Utilities |
Hq Location City: | Linfen |
Hq Location Country: | China |
Area Served: | mainland China (mainly Linfen) |
Revenue Year: | 2015 |
Income Year: | 2015 |
Net Income Year: | 2015 |
Assets Year: | 2015 |
Equity Year: | 2015 |
Owner: | Linfen Finance Bureau (100%) |
Website: | lftzjt.com |
Footnotes: | in a consolidated basis[1] |
Linfen Investment Group Co., Ltd. is a Chinese sovereign wealth fund of Linfen Municipal Government, Shanxi Province. The company was the holding company of several utilities of the city.
In July 2016, Linfen Investment Group invested in a private equity fund based in Ningbo for 28.53% stake, which in turn the fund owned 4.0434% stake of Leshi Zhixin, a subsidiary of Le.com.[2] [3] [4] Founder of Le.com, Jia Yueting, was also from Linfen.