Yingda International Trust

Yingda International Trust Co., Ltd. is a Chinese trust company and asset management firm that was majority owned by State Grid Corporation of China (via State Grid Yingda Group for 89.76% stake). Yingda Trust was founded in March 1987, as Jinan International Trust and Investment Corporation. Yingda Trust owned Yingda Asset Management for 49% stake. The company was headquartered in Jinan, but in 2010 moved to Beijing.

Shareholders

 * State Grid Corporation of China (via State Grid Yingda Group and its subsidiary, via State Grid Shanghai): 93.60%
 * Jinan Development and Reform Commission (via indirect subsidiary Jinan Energy Investment): 4.38%
 * Jigang Group: 1.10%
 * : 0.92%

The share capital of Yingda International Trust had increase from CN¥1.5 billion to approximately CN¥1.82 billion in 2012, which was entirely subscribed by State Grid Yingda Group. Yingda Group also acquired 4.67% stake from sister company East China Grid on 27 March 2012 and from Jinan 3F in 2013.