Zhongzhi Enterprise Group
| Industry | financial services, wealth management, mining, electric vehicles |
|---|---|
| Founded | 1995 |
| Founder | Xie Zhikun |
| Headquarters | Beijing , China |
Area served | China |
| Website | www |
Zhongzhi Enterprise Group (Chinese: 中融鼎新, hereafter Zhongzhi) is a Chinese business conglomerate. It has been described as a shadow bank in the Chinese financial system. The company is heavily linked to the Chinese real estate sector, which since 2020 has been experiencing difficulties. At its peak, the company controlled $141 billion in assets. On 5 January 2024, the company declared itself bankrupt.
The company was founded in 1995 by Xie Zhikun, who died in December 2021. The founder's death, and subsequent departure of senior executives, was blamed by the company for its struggles in November 2023.