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Weekly summary of CBEX Projects (August 14 to 20)

  This week, the volume of concluded transactions of state-owned equities of enterprises of China Beijing Equity Exchange (CBEX) reached RMB6.193 billion, with power generation and supply, business service and finance industries ranking the top three. The total amount of newly listed projects reached RMB1.456 billion, with real estate, non-metallic mineral products as well as coal mining and washing industries ranking the top three. In addition, Beijing Financial Assets Exchange and other professional exchange platforms also listed a number of key projects.

  I. Enterprise's state-owned equity transactions

  This week, the volume of concluded transactions of state-owned equities of enterprises of CBEX reached RMB6.193 billion, with a drop over the previous week. The projects transferred to non-stated-owned entities accounted for 62.5% in terms of numbers and 17.81% in terms of volume of concluded transactions. It indicates that CBEX plays an important role in providing services for mixed ownership and it is an important platform for non-public capitals to participate in restructuring of state-owned enterprises. The power generation and supply, business service and finance industries ranked the top three. The project of “100% of stock equity and creditor's rights of RMB687.57013889 million of Beijing Hua An Tai Investment Co., Ltd” owned by a subordinate company of China Huadian Corporation was transferred to a private enterprise through dynamic quoting.

  The total amount of newly listed projects reached RMB1.456 billion, with a large increase over the previous week. The real estate, non-metallic mineral products as well as coal mining and washing industries ranked the top three. The project of “100% of stock equity of Sichuan Huayu Real Estate Development Co., Ltd” owned by a subordinate company of China National Petroleum Corporation was listed at a price of RMB1.087 billion as a key project of this week.

  II. Financing and investment promotion projects as well as projects concerning non-state-owned equity

  This week, CBEX promoted a number of financing and investment promotion projects. The project of Caofeidian Bonded Warehousing and Logistics Center of the Investment Promotion and Cooperation Bureau of Caofeidian Industrial Zone of Tangshan (Hebei), the project of the Training and Incubation Center of Tangshan Bay Eco-City as well as the projects concerning the cultural and creative industries were listed, intending to raise funds ranged from RMB10 million to RMB5.6 billion.

  Concerning non-state-owned equity, the project for transfer of land use right related to the state-owned land located at Minyun County (Beijing) and owned by Beijing Shunxing Guangsha Real Estate Development Co., Ltd was listed at a price of RMB152 million. The building area on the land reaches 15,051.94 square meters. The land was classified as land used for housing under the latest overall plan, with a plot ratio of 1.5. It covers an area of 38 mu (2.53 hectares) and can be expanded to about 100 mu (6.67 hectares) to the surrounding areas. It can be used to develop first-class commercial houses or build low-rent houses and economically affordable houses or used by the transferee at its own will.

  III. Projects at professional platforms of CBEX

  This week, the professional platforms of CBEX also listed a number of key projects. The project of “custody assets related to the debts of Beijing Huapu Industrial Group Co., Ltd, Beijing Huapu International Building Co., Ltd and Beijing Zhongdi Real Estate Development Co., Ltd” owned by the Dongcheng District Branch and Chaoyang District Branch of Agricultural Bank of China Limited was listed at a price of RMB450 million at Beijing Financial Assets Exchange. The total creditor's rights reach RMB799 million.

  IV. Dynamic quoting projects

  This week, 39 dynamic quoting projects were listed, including projects of physical assets of administrative institutions, vehicle assets and large-scale property in kind, with a total startup listing price of RMB21 million. A total of 76 dynamic quoting projects were concluded, with a turnover of RMB964 million, including projects of physical assets of administrative institutions and vehicle assets that were concluded at a premium rate of 190.97% and 51.46% respectively.

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