Peking University Resources (Holdings) Co., Ltd. known also as PKU Resources is a Chinese listed company. The company was incorporated in Bermuda and listed in the Hong Kong Stock Exchange. The company is an indirect non-wholly-owned subsidiary of Peking University, which in turn under the administration of the Ministry of Education. The company is broadly considered a state-owned enterprise of China. For the same reason, PKU Resources is a red chip company. The Hong Kong headquarters of the company was located on Room 1408, 14/F of Wharf Cable Tower, Tsuen Wan; the parent company of PKU Resources: PKU Resources Group Holdings and PKU Resources Group were headquartered in Beijing. The company had less than 20% free-floating shares if excluding the shares held by "Ronghai No. 10 SNIA QDII", a private equity fund managed by Rongtong Fund Management, as well as the shares held by a consortium of the executive director Zheng Fu Shuang. The company was not included in any stock market indice, thus it is not eligible to Shenzhen-Hong Kong Stock Connect nor Shanghai-Hong Kong Stock Connect. Name Despite Peking University Resources (Holdings) was commonly known as Peking University Resources, in mainland China, there were more famous Peking University Resources Group (), found in 1992, and its subsidiary Peking University Resources Group Holdings (), which were the parent companies of Hong Kong-based listed company. Peking University Resources (Holdings) was known as from 1991 to 2000 and EC-Founder (Holdings) () from 2000 to 2013. History The company was registered (as a foreign company) in Hong Kong on 10 September 1991 as Management Investment & Technology (Holdings). In 2000 it was takeover by (), a subsidiary of Founder Group and backdoor listing the assets of the group. In 2013, the company acquired some real estate business from intermediate parent company Founder Group and renamed into Peking University Resources (Holdings). The listed company also issued 326,792,000 number of new shares to independent third parties for HK$0.80 each in December 2013. After the deal Founder Group and Zheng Fu Shuang () still owned a combined 63.74% shares. In 2014, Peking University Resources acquired 12 projects from another intermediate parent company Peking University Resources Group Holdings in cash and shares deal (the shares was allocated to intermediate holding company Founder Information). In December 2014 new shares were issued to Zheng Fu Shuang and other shareholders for HK$0.65 each. Shareholders As at 31 December 2016,