I. Enterprise's state-owned equity transactions
This week, the volume of concluded transactions of state-owned equities of enterprises of CBEX reached RMB493 million, up 125.11% year-on-year. The projects transferred to non-stated-owned entities accounted for 66.67% in terms of numbers and 80.89% 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 nonmetal mineral products, transportation equipment manufacturing and business service industries ranked the top three. The project of “7% of stock equity of Jilin Carbon Co., Ltd” owned by Sinosteel Corporation was transferred to a private enterprise.
The total amount of newly listed projects reached RMB342 million, some drop over the previous week. The software and IT service, business service and real estate industries ranked the top three. The project of “50% of stock equity of Standard Software Co., Ltd” owned by a subordinate company of China Electronics Technology Group Corporation was listed at a price of RMB220 million as a key project of this week.
II. Projects concerning physical assets and non-state-owned equities
This week, CBEX promoted a number of projects concerning physical assets. The project of “creditor’s rights of RMB454,464,700 of China Communications Materials and Equipment Company Limited” was listed at a price of RMB410 million. The creditor’s right concerned was generated in the process of the cooperation between China Communications Materials and Equipment Company Limited and CCCC Haixi Investment Company Limited in making investment in the subsidiary CCCC International Modern Logistics Co., Ltd.
Concerning non-state-owned equities, the project of “residential and office properties at Sijijinghua, Shanshuihuating (Changjiang Road), Taihuzhixing, Xindi and Zhuhui Building (Suzhou)” owned by a natural person was listed at a price of RMB55.4 million. The building area of these properties ranks from 183 square meters to 2,646 square meters.
III. Financing and investment promotion projects
This week, CBEX promoted a number of financing and investment promotion projects. Luanping Branch of Beijing Shunxing Guangsha Real Estate Development Co., Ltd intends to raise fund of RMB200 to 800 million for the project of “second-class land development for residential purpose at Luanping County (near Beijing)”. Luanping County is under the jurisdiction of Chengde, near Miyun County. It is located at the “golden triangle” intersection of Beijing, Tianjin, Liaoning and Inner Mongolia, with beautiful landscape and convenient transportation. It is within the one-hour economic circle of Beijing, Hebei and Tianjin. The project is a key project that wins great support of the government of Luanping County.
IV. Projects at professional platforms of CBEX
This week, the professional platforms of CBEX also listed a number of key projects. The project of “No.9, 10, 11 and 16 properties at Linxin Road, Changning District, Shanghai” was listed at a price of RMB421 million at Beijing Financial Assets Exchange. The properties concerned are office buildings located at the Yangtze River International Enterprises Square in Shanghai Hongqiao Airport Economy Park, covering a total building area of 25,344.77 square meters. They are industrial estate, with remained tenure of use of more than 41 years.
V. Dynamic quoting projects
This week, 37 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 RMB113 million. A total of 72 dynamic quoting projects were concluded, with a turnover of RMB28 million, including projects of physical assets of administrative institutions and vehicle assets that were concluded at a premium rate of 229.41% and 59.43% respectively.