I. Transaction of state-owned equity
In this week, CBEX completed transaction of RMB349 million of state-owned equities, a slight decline on a year-on-year basis. Of that, the non-state-owned capital accounted for 42.86% of the total transaction projects, and 63.5% of the total transaction price, indicating that CBEX has played an important role in serving the mixed ownership as an important platform for the non-public capital to participate in the state-owned enterprises restructuring. The real estate industry, the commercial service industry, computer, communication and other electronic equipment manufacturing industry ranked the top 3 in terms of the transaction price. The project of “40% of the equity of Beijing Xingchang Dabo Real Estate Development Co. Ltd.” of Beijing Xingchang High-tech Development Co. Ltd. was transferred to a private enterprise.
The newly listed projects of state-owned equity amounted to RMB1.379 billion, up 250% on a year-on-year basis. The non-ferrous metal metallurgy and rolling processing industry, the real estate industry and the mining industry ranked the top 3 in terms of the listing price. The project of “30% equity of Qinghai Yellow River Hydropower Recycled Aluminum CO., LTD.” of Aluminum Corporation of China Limited was listed at RMB600 million as a key project of this week.
II. Real assets and non-state-owned equity projects
In this week CBEX promoted several real assets projects. The project of “RMB454,464,700.00 of creditor’s rights of China National Communications Materials and Equipment Supply CO.,LTD” was listed at RMB454 million. The creditor’s rights was created when the China National Communications Materials and Equipment Supply Co. Ltd. and China Communication Construction Investment & Engineering Co. Ltd. jointly funded in the subsidiary of CCCC Modern International Logistics Co. Ltd. for the coke business.
With regard to the non-state-owned equities, the project of “96.8% equity of Hulun Buir Jiesheng Trading Co. Ltd.” of Zhonghai Ruizhi Equity Investment Center was listed at RMB22 million. The subject matter was established in December 2007 with a registered capital of RMB11 million.
III. Financing and investment promotion projects
CBEX has promoted several financing and investment promotion projects this week. The project of “Grade II land and residential housing development project of Luanping County in the neighborhood of Beijing” held by Luanping Branch of Beijing Shunxing Guangsha Real Estate Development Co. Ltd. plans to raise RMB200 million to RMB800 million. Luanping County, under administration of Chengde, is adjacent to Miyun County, the meeting section of Beijing, Tianjin, Liaoning and Inner Mongolia. Within the 1h economic circle of Beijing, Tianjin and Hebei, it enjoys beautiful views and convenient transportation conditions. This project is a key one of Luanping County and enjoys great support from the local government.
IV. Transactions of professional platforms
In this week, the professional platforms of CBEX have also listed several important projects. The project of “27.875 million shares of Wuhan Steel & Electricity Co. Ltd.” was listed at CFAE at RMB20 million. The subject matter was established in June 1993 with a registered capital of RMB992 million. This time the shares to be transferred account for 2.81% of the total.
V. Dynamic quotation
A total of 59 projects were listed with the dynamic quotation system, including the administrative real assets, vehicle and bulk real assets. The total listing price was RMB20 million. And 74 projects were transacted with the dynamic quotation system at RMB16 million. The administrative real assets were sold at a premium rate of 47.51% and the vehicle at 21.04%.