Company History
The Zheng He Group was founded by the late Dato Tan Tiong Hong (Dato Tan), who was the Executive Chairman of the Company.
In June 2010, Zheng He Global Capital Ltd acquired Zheng He Global Capital Corporation (British Virgin Islands), the sole shareholder of Fujian Zhong Hong Guarantee Co Ltd. This acquisition provided the Company with a direct interest in the credit guarantee industry in China. The Company and Zheng He Global Capital Corporation (British Virgin Islands) act as holding companies for Fujian Zhong Hong, whose mandate is to directly engage in providing credit guarantees in China.
Fujian Zhong Hong obtained its first licence on 11 January 2008, which enabled it to engage in performance guarantees and bank financing guarantees in the Fujian Province. On 13 April 2010, Fujian Zhong Hong was granted an updated business licence by the Fujian Administrative Bureau of Industry and Commerce.
Fujian Zhong Hong is the only wholly owned foreign corporation which holds a Credit Guarantee licence in China, thus putting Zheng He is a unique and privileged position.
The Business Licence is valid until 2048.
On 24 September 2010, Zheng He Global Capital Limited was successfully listed on the Australian Securities Exchange.
Zheng He Global Capital Limited through its subsidiary Zheng He Securities Pty Ltd holds an Australian Financial Services Licence to cover its activities in Corporate Finance, Funds Management and Wealth Management.
Zheng He’s diversified financial services activities in China and Australia now represents the Zheng He Group.
