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. The share capital of Yingda International Trust had increase from ¥1.5 billion RMB to approximately ¥1.82 billion RMB 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 (Chinese: 济南三爱富氟化工) in 2013. More information...
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