CNPC Capital Co., Ltd. (000617)

Overview

CNPC Capital Company Limited is a comprehensive financial services entity that operates both within China and on the international stage. Originally established in 1996 as Jinan Diesel Engine Co., Ltd., it underwent a significant transformation to become CNPC Capital Company Limited in February 2017. This rebranding signified a shift from its initial focus towards a broader offering of financial services. The company, which is a key subsidiary of China National Petroleum Corporation, has its headquarters in Beijing, China. CNPC Capital is dedicated to offering a wide array of financial management and services to its clientele, ranging from corporate entities to individual customers.

Products and Services

• Financial Management and Diversified Financial Services:

  CNPC Capital offers a comprehensive suite of financial management services aimed at helping clients optimize their financial operations and achieve their investment goals.

• Deposits:

  This service includes the reception of public deposits, savings accounts, and various deposit offerings tailored to meet the needs of individual and corporate clients.

• Credit and Settlement Services:

  The company provides an array of credit services including short-term, medium-term, and long-term loans, bill acceptance, and discounting services to support the financial needs of its clients.

• Capital and Intermediary Services:

  These services cater to the capital requirements of businesses, facilitating transactions and financial exchanges efficiently.

• Investment Services:

  CNPC Capital engages in investment and wealth management services, offering solutions for asset growth and financial security to its clients.

• Financial Leasing Services:

  Offering a broad spectrum of leasing options including direct financial leasing, after-sale leaseback, and manufacturer leasing, to provide flexible financing alternatives for equipment procurement.

• Trust Services:

  This encompasses fund, chattel, real estate, and securities trust services, offering a structured approach for managing diverse assets or property rights.

• Equity and Financial Product Investment:

  These services allow clients to engage in equity investment activities and invest in various financial products to enhance their investment portfolios.

• Insurance Products:

  CNPC Capital provides a wide range of insurance products including medical, accident, life, auto, home, and travel insurance, catering to the varied needs of its customers.

• Insurance Brokerage Services:

  The company also operates as an insurance broker, offering specialized services for assessing and securing appropriate insurance coverage, thereby facilitating better risk management for clients.