According to an EGM circular, YFH wants shareholders' go-ahead to move into a broader range of maritime-related activities including financing leases, operating leases, ship agency and shipbroking services.
Yangzijiang Financial Holding is calling for an EGM to seek shareholders' approval to diversify into new business areas tapping on the expertise and connections of executive chairman Ren Yuanlin within the broader maritime industry.
YFH now focuses on various kinds of investment activities including fund management and debt financing. Borrowers include those in the property and non-maritime sectors.
