title: Hengjian Holding
text: # Hengjian Holding
  
  Guangdong Hengjian Investment Holding Co., Ltd. known as Hengjian Holding is one of the holding companies of Guangdong Provincial People's Government.
  
  The company acts as one of the investment vehicles of the provincial government in railways of Guangzhou–Dongguan–Shenzhen Intercity Railway, Dongguan–Huizhou Intercity Railway and Guangzhou–Foshan–Zhaoqing Intercity Railway, by invested ¥10 billion RMB in Guangdong Pearl River Delta Intercity Railway as minority shareholder. Hengjian Holding issued 8-year medium term note of the same amount in 2009. The other shareholders of Guangdong Pearl River Delta Intercity Railway were sister company Guangdong Provincial Railway Construction Investment Group and central-government owned Guangzhou Railway Group.
  
  ## Subsidiaries
  
  * Guangdong Yudean Group (76.00%)
  
  ## Equity investments
  
  * China Aviation Industry General Aircraft (10.00%)
  * China General Nuclear Power Group (10.00%)
  * CGN Power (10.00%)
  * China Southern Power Grid (38.40%)
  * Guangdong Pearl River Delta Intercity Railway (17.80%)
  * Shaoguan Iron and Steel (49.00%)
  * Zhanjiang Iron and Steel (28.20%)
  