China Beijing Equity Exchange (CBEX) is a comprehensive equity trading institution approved by the People’s Government of Beijing Municipality.
As a marketized platform with government authorization, CBEX, with the spot transaction of state-owned equity as an opportunity, has established complete transaction regulations and rules, set up complete transaction systems, and assembled numerous domestic and foreign investors and intermediary service agencies. Having continuously highlighted the feature of “fairness, openness and justness” and fully displayed the function of “discovering investors and prices,” CBEX extends its service scope to disposal of state-owned assets, enterprise reform and restructuring, and enterprise investment and financing services etc. CBEX has become a leading M&A platform in China and is playing an important role in equity circulation and equity financing activities.
As an important element market builder and operator in Beijing, CBEX has been actively expanding toward element and resource markets in recent years and gradually set up the “1+10” group framework. CBEX has established quite a few professional platforms, such as China Technology Exchange, China Forestry Exchange, Beijing Financial Asset Exchange, China Beijing International Mining Exchange, Beijing Iron Ore Trading Center Corporation, China Beijing Environment Exchange, Beijing Jinmajia Equity Transaction Online Co. Ltd., Beijing Petroleum Exchange, Beijing Real Estate Trading Center, Beijing Gold Exchange Center Co.Ltd., Beijing International Wine & Spirit Exchange, Beijing Equity Transaction Center and Beijing QYT Pay Sci-tech Co.,Ltd. Having set up offices and branches in Shanghai, Chengdu and other cities, CBEX covers four major business fields, namely, equity, physical goods, financial products and bulk stock, and plays a significant role in the marketized allocation and pricing of elements and resources. CBEX achieved total transaction value of RMB453.62 billion in 2011, RMB 939.52 billion in 2012 and RMB 1.02 trillion in 2013. Today, it has developed into a central market and leading institution in China’s equity exchange market.
In the future, CBEX will adhere to the enterprise spirit of “focusing on honesty, creating excellence”, continue the corporate culture of “benefit, service, devotion and unity” and aim at group operation, financialization improvement, informatization expansion and internationalized arrangement. With Beijing as the foothold and central enterprises as the main customers, CBEX will take the lead in China and strive to forge itself into a “China’s first-class and globally renowned new capital market platform to offer equity circulation and equity financing services for non-listed company and achieve marketized allocation of various elements and resources.”