Brief Introduction

　　TPRE was launched in 1994, under government approve. It is a government agent under the charge of Tianjin SASAC and is the only appointed exchange authorized by Tiianjin SASAC for state-owned assets and equities transaction. In the meanwhile, it is one of three national institutions permitted by SASAC to transact assets and equities of SOEs under control of central government. It’s also one of initiators of NUAEM and chair-member of executive council of NUAEM.

　　For several years, TPRE has becoming center for information, auction and theoretical study. TPRE has created cooperation with assets and equities institutes from every region and set up representative offices in UK, US, Japan, Canada, and Hong Kong. TPRE provided lots of consulting services for SOEs in reorganization and acquired a great deal of experience. One of cases obtained outstanding prize in Shanghai Industrial Expo in 2005. In 2005, 1128 transactions were completed in TPRE. The total trading amount was about 2.8 billion Euros, which was relative to 12.8 billion Euros of assets. 59 transactions happened between Chinese enterprises and foreign investors, accounting for 220 million Euros. With Tianjin new binhai area has been approved in 2006 as the national pilot zone for comprehensive economic reforms. TPRE is getting to a golden opportunity.