I was really stunned, and it was unbelievable! A large listed company of a state-owned enterprise is registered in Bermuda, and what it operates is still a relatively monopolistic public utility that has a bearing on the national economy and the people's livelihood. What signal does this send, and what is the selfish motive behind it?
Recently, careful netizens discovered that China Resources Gas Holdings Co., Ltd., the parent company of Chongqing Gas, which is at the cusp of public opinion, has a registered address in Bermuda.
At first, I thought it was fake, but I also went to Qicha to check it myself, and found that the registered place of China Resources Gas was really in Bermuda.
According to public information, China Resources Gas Holdings Co., Ltd. was established on February 16, 1995, registered in Bermuda, and the enterprise type is a registered non-Hong Kong company.
I was really stunned to see this fact. Why? Because what is Bermuda? Anyone who has studied a little economics knows that Bermuda, the British Virgin Islands and the Cayman Islands are the world's three recognized tax havens. In order to avoid taxes reasonably, many companies choose to register their companies in these places. For example, many well-known domestic enterprises such as Evergrande and Ali are yes.
However, generally speaking, these domestic companies will choose to register in Bermuda, these tax havens to register, generally speaking, private enterprises or private enterprises, after all, private enterprises have a huge incentive for tax avoidance and tax saving, and the less tax is into their own pockets, and paying a little less tax means that they have made more money. Therefore, many private enterprises will try their best to avoid taxes and save taxes.
However, it can be said that it is very rare for state-owned enterprises and central enterprises to choose to register in Bermuda. Because for state-owned enterprises and central enterprises, paying taxes is a matter of course and an unshirkable responsibility. State-owned enterprises and central enterprises are originally state-owned, and the people who operate them are only managing enterprises and assets for the state, maintaining and increasing their value. Moreover, the profits and taxes of state-owned enterprises and central enterprises are also an important source of fiscal revenue for the state.
Good guys, China Resources Gas Holdings Co., Ltd., as a state-owned enterprise, is registered in Bermuda, which is really incredible. Moreover, China Resources Gas Holdings Co., Ltd. is not an ordinary enterprise.
First, it is a listed subsidiary of a central enterprise with serious roots. According to the public information query, it can be known that the largest shareholder of China Resources Gas Holdings Co., Ltd. is China Resources Group Gas Co., Ltd., which holds 60.84% of the shares, and China Resources Group Gas Co., Ltd. is above China Resources Co., Ltd. This means that China Resources Gas Holdings Co., Ltd. is a listed subsidiary of a state-owned enterprise.
2. The business operated by China Resources Gas Holdings Co., Ltd. is a relatively monopolistic gas related to the national economy and people's livelihood, and it is a public utility. Recently, many residents in Chongqing have reported that the cost of gas meters has risen after the change of the gas meter, because gas is a rigid supply that ordinary people need to use almost every day, and it is a major event in people's livelihood. The parent company of Chongqing Gas is China Resources Gas Holdings Co., Ltd., which is China Resources Gas.
Therefore, it is really unbelievable that a listed subsidiary of a large central enterprise operating in the national economy and public utilities is registered in Bermuda! I hope to give you a reasonable explanation.