On March 28th, Vice President Li Xin and Assistant President Xu Yongli attended the opening ceremony of China Orient Summit Capital Co., Ltd. and Real Estate Investment Strategy Forum. Li Xin made her remarks on behalf of COAMC. Xu Yongli announced the establishment of China Orient Summit Capital Co., Ltd. Li Jian’ge was invited to make a keynote speech about the current situation of our economy policy with a policy analysis. Wu Tao, the president of China Orient Summit Capital, gave a brief presentation about the company and talked about investment strategies. The deputy chairman of the board of Central Huijin Investment and the chairman of Shenyin & Wanguo Li Jian’ge, the CEO of Asia-Pacific Real Estate Association Peter Mitchell, the chairman of the board of Sincere Real Estate Wu Xu, the chairman of Sunshine 100 attended the ceremony Yi Xiaodi, representatives of COAMC subsidiaries in Beijing and its Beijing Branch also showed up. Managers of several departments of China Orient Summit Capital participated as well.
In February of 2014, China Orient Summit Capital Co., Ltd. was set up in Qianhai, Shenzhen, with a registered capital of RMB 100 million. China Orient Asset Management (International) Holding had 80% of its shares. Beijing Wutong Summit Asset Management Center (a limited partner) held 20%. China Orient Summit Capital is a platform that focuses on real estate investment and asset management. The establishment of China Orient Summit Capital was a concrete step for COAMC to implement its strategy of making insurance and asset management as the two engines for its business. The Summit Capital Corporation will make COAMC even stronger in real estate investment and asset management.
