Who owns Zhengzhou Yutong Group Co., Ltd.? The ownership chain, Tang Yuxiang's stake and the 2001 deal
Facts checked
Zhengzhou Yutong Group Co., Ltd. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Tang Yuxiang led the management group that bought Yutong Group from the Zhengzhou state in 2001; he remains chairman. The management vehicle held 73.26% of the acquiring company at the time, but we did not verify his personal holding today.
The short answer
| Controlled by | Tang Yuxiang |
|---|---|
| Stake | not published |
| Since | 2001 |
| Kind | company |
| Recorded holdings | 1 |
| Origin | CN |
| Name in Chinese | 郑州宇通集团 “jung-JOH yoo-TONG jee-TWAN” |
| Top of the chain | Tang Yuxiang |
The chain, step by step
Tang Yuxiang controls Zhengzhou Yutong Group Co., Ltd. since 2001.
Tang Yuxiang led the management group that bought Yutong Group from the Zhengzhou state in 2001; he remains chairman. The management vehicle held 73.26% of the acquiring company at the time, but we did not verify his personal holding today.
Former owners
Holdings that have ended. They are here because the story needs them and are never part of the current tree.
Zhengzhou Municipal State Assets Administration formerly held Zhengzhou Yutong Group Co., Ltd. at 89.8% until June 2001.
The Zhengzhou state assets administration sold 89.8% of Yutong Group in June 2001 to Shanghai Yutong, the management vehicle led by Tang Yuxiang. This is the transaction that made Yutong privately controlled.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Tang Yuxiang | Zhengzhou Yutong Group Co., Ltd. | controls | controls | 2001 |
What Zhengzhou Yutong Group Co., Ltd. holds
Every current holding recorded from Zhengzhou Yutong Group Co., Ltd. downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Yutong Bus | controls | controls | not published | The unlisted Zhengzhou Yutong Group is the controlling shareholder of the Shanghai-listed Yutong Bus. We did not find a published percentage. |
Related
Sources for Zhengzhou Yutong Group Co., Ltd.
- Fudan University School of Management (BK Online), Yutong Bus: Management Buy-Out. Read .
- Wikipedia, Yutong Bus. Read .