JIC Investment Co., Ltd. (JIC Investment) mainly engages in direct equity investment and fund management, with special focuses on three major investment areas: industrial manufacturing, energy conservation and environmental protection, and health care. JIC Investment is fostering a manufacturing ecosystem driven by technological progress with an eye towards promoting China's economic restructuring, industrial transformation and upgrading.
In 2016, the company acquired a majority stake in the France-based SGD Pharma and through which it secured core assets of the global pharmaceutical packaging industry. In the same year, the company and the Anhui Credit Guarantee Group jointly set up the China-Germany Manufacturing Industry Fund, with the aim of expanding the comprehensive strategic cooperative partnership between China and Germany, and exploring systematic investment opportunities under the
backdrop of China's industrial transformation and upgrading.
In 2016, JIC Investment posted an operating income of 1.579 billion yuan and a net profit of 1.061 billion yuan with the assets under its management. It completed 4 investment projects, with a total investment of 1.157 billion yuan. By the end of 2016, the company's investments totaled 18.326 billion yuan, and its assets under management were 24.375 billion yuan.
JIC Huawen Media Investment Ltd. (JIC Huawen) is JIC's investment and operations arm in the fields of culture and media, consumer services and medical and healthcare. The company follows the philosophy of value investment with a firm grasp on the opportunities presented by China's consumption upgrades, in order to promote the country's industrial transformation and upgrading.
In 2016, the company invested in Mango TV, a new media platform under the Hunan Broadcasting System, through which JIC Huawen gained a strategic foothold in the field of new media. Then the company has secured a presence in all aspects of the industry chain through investments in such media-related sub-sectors as publications, niche content, cinema and new media. In 2016, JIC Huawen achieved a net profit of 70 million yuan with the assets under its management. It completed 2 investment projects, with total investment of 408 million yuan. By of the end of 2016, the company completed investments in 10 projects, worth 2.278 billion yuan. Its assets under management were 3.14 billion yuan.
JIC Technology Investment Co., Ltd. (JIC TECH-INV) concentrates on equity investment and asset management in the industry of new information technology and "Internet Plus". Seeking to capture the growth potential presented by China's national information technology upgrades and the transformation of its traditional industries through the internet, the company specializes in investment opportunities in such segments within the information technology industry as cloud computing, Internet of Things （IoT）, big data and information security.
In 2016, the company conducted the acquisition of NXP's logic and discrete component business, which was valued at a total of 2.75 billion US dollars, making it the largest overseas M&A deal for Chinese capital in the semiconductor field. In 2016, JIC TECH-INV posted an total revenue of 673 million yuan and a net profit of 61.49 million yuan. By the end of 2016, the total volume of the company's capital amounted to 2.077 billion yuan. Its net assets stood at 1.823 billion yuan. It is currently managing 20 investment funds and 11.7 billion yuan in total assets.
Adhering to the brand concept of promoting financial, intellectual growth and social progress and based on the operation of cultural space, JIC Bookstore Investment Co., Ltd. (JIC Bookstore) is committed to exploring the industry chain innovation capacity of cultural publishing, developing various cultural products and establishing a complete cultural publishing and media industrial system. The company owns the cultural space and brand of "JIC Books", the cultural creation brand of "Living Here" and the media brand of "Twelvexd", and the physical spaces in Shanghai, Beijing, Hangzhou, Wuxi, Nanjing and other cities. It also cooperated with the Hidden Place Hotel in Suzhou and Chengdu.
JIC Holding Co. Ltd. (JIC Holding) is the Group's investment and operations arm in the consumer services sector, covering the areas of elderly care and health services, real estate, intelligent building management, building regeneration investment, industry funds, architectural ornament, hotel management, etc.
In 2016, capitalizing on the two development themes of "aging society" and "urbanization", the company implemented its investment strategy in such key areas as elderly care services, macro health-care industry and tourism and leisure. Four funds were launched in 2016 with a total of 1.27 billion yuan in assets under management. A 237-million-yuan investment went to the elderly care services sector. In 2016, the company posted a revenue of 1.209 billion yuan and a net profit of 32.496 million yuan. By the end of 2016, the company's total assets amounted to 4.153 billion yuan.
JIC Trust Co., Ltd. (JIC Trust) is a professional trust financial institution with trust services and wealth management service as the core of its business strategy.
In 2016, JIC Trust steadily developed the traditional trust business of real estate and infrastructure, while actively promoting business innovation and transformation through launching the ABS project, cash management project and movie, television and consumer trust, etc. By the end of 2016, JIC Trust issued a total of 1,356 trust products and managed trust properties of 492.7 billion yuan. With 1,001 cumulative maturity liquidation trust products, the company delivered the trust property of 405.1 billion yuan on time and in full. The existing active set trust amounted to 72.6 billion yuan, leading the industry with a year-onyear increase of 21%.
Guotai Asset Management Co. Ltd. (Guotai AMC) offers 79 mutual funds, 2 dedicated pensions products and more than 80 managed accounts, including segregated accounts, enterprise annuities, social security funds and investment advisory projects, providing a rich selection of cross-market, all-weather, and multi-strategy portfolios to meet investor needs regardless of their risk appetite.
In 2016, the company launched two sub-brands for active equity funds and fixed income funds separately, respectively named "Alpha Team" and "Positive Energy". Together with the sub-brand of quantitative investment funds "JEEK" rolled out in 2015, the Company has built an integral branding system covering all three major business segments in mutual funds. The company's portfolios have performed strong and steadily, as well as the retail and institutional sales. The company has also cooperated with China's "BAT" trio and other internet giants on a number of key business endeavors, resulting in significant rise of AUM (assets under management) despite a declining market. As of the end of 2016, Guotai AMC's AUM amounted to 155.4 billion yuan (subsidiaries included).
JIC Leasing Co., Ltd. (JIC Leasing) provides its clients with financial products and services related to financial leasing, operating leasing and commercial factoring. JIC Leasing's business field covers the sectors of information technology, equipment manufacturing, environmental protection, consumption & service, transportation, public utility ,etc.
In 2016, JIC Leasing completed the reform of shareholding system and the annual service delivery was 14.914 billion yuan, a year-on-year increase of 31.39%. By the end of 2016, the company's total assets amounted to 25.09 billion yuan, and its net assets amounted to 3.729 billion yuan.
China Investment Consulting Co., Ltd. (China Investment Consulting) focuses on infrastructure, public service and emerging industries and provides consulting and information management services in the areas of PPP, urbanization and SOE reform.
In 2016, the company signed 94 new consulting projects, realizing 42.61 million yuan of total income with more than 95 billion yuan of total investment amount. Its projects spanned the full spectrum of infrastructure and public services in 55 cities and counties nationwide, covering all 19 industries which include but not limited to water resources management, transportation, education, tourism, elderly service, medical care, urban planning, recreation and sports. 23 projects were selected as the demonstration projects by the Ministry of Finance while 11 were selected as the demonstration projects by the National Development and Reform Commission. The company was selected as a PPP advisory body for 21 provinces and cities and was included in 10 national and local-level PPP expert database. Its asset management platforms, China Investment Consulting Huagai and Huashu, have established 18 funds, with assets valued at a total of 25.4 billion yuan and 2.8 billion yuan of total investment amount in 11 projects. In 2016, the company reported an operating income of 159.32 million yuan. By the end of 2016, the company's total assets were 348 million yuan and its net assets amounted to 273 million yuan.