Caofeidian Holding Group Caofeidian Holding Group

Caofeidian Holding Group

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1. Set up a wholly-owned subsidiary Caofeidian Guarantee Co., Ltd. to engage in financing guarantee business, mainly to provide financing guarantee services for district-owned enterprises and small and medium-sized enterprises and individuals, in order to solve the current general financing difficulties.
2. Participation in Tangshan Bank Co., Ltd. (accounting for 6.52%). Tangshan Bank has provided important financial support in support of Cao Feidian's continuous and stable development and construction. The company's shareholding in Tangshan Bank has not only optimized its shareholding structure, strengthened its credit business investment capability, but also optimized the company's own asset structure and business structure, which has enhanced the company's asset strength and social image. This part of the equity investment will generate stable cash flow for the company, which can effectively improve our company's financing ability and better finance from other financial institutions.
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Caofeidian Holding Co., Ltd. (hereinafter referred to as the company), a state-owned joint-stock limited company with private investment, was established during the 11th Five-Year Plan period when the state built the Beijing-Tianjin Economic Zone and the

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