The registered capital of the company is 25.835 billion yuan, which is controlled by the Ministry of Finance, with a shareholding ratio of 98.06%. China Life Insurance (Group) Co., Ltd. holds 1.94%. China Huarong Asset Management Company has formed a modern corporate governance structure consisting of shareholders' meeting, board of directors, board of supervisors and management.
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In August 2020 1 1 day, Lai took bribes nearly1800 million. China Huarong announced on the evening of August 12 that the net profit for the six months ending June 30, 2020 is expected to decrease by about 90% to 95% compared with the same period of 20 19. In September of the same year, the China Banking Regulatory Commission severely investigated and dealt with a number of illegal cases, aiming at Huarong Company's illegal acquisition of personal loans and illegal acquisition of non-performing assets of financial institutions.
China Banking Regulatory Commission fined the company 20.4 million yuan according to law, and gave two responsible persons a warning and an administrative penalty of 50,000 yuan. This administrative punishment is mainly based on the illegal acts discovered by CBRC during the on-site inspection of some commercial businesses of Huarong Company in the early stage, and the relevant facts involved in the serious illegal cases will be handled separately by the competent authorities.
202 1 1 5, Tianjin No.2 Intermediate People's Court sentenced Lai to death for accepting bribes, corruption and bigamy, deprived of political rights for life, and confiscated all personal property. After Lai appealed, the Tianjin Higher People's Court ruled that the appeal was dismissed, the original judgment was upheld and reported to the Supreme People's Court for approval. On the 29th of the same month, Lai was executed.
Baidu encyclopedia-China Huarong assets management co., ltd