I. Enterprise’s state-owned equity transactions
This week, the volume of concluded transactions of state-owned equities of enterprises of CBEX reached RMB395 million, with food production, software and IT service as well as real estate industries ranking the top three. The project of “60% of stock equity of Beijing Datang Smart Card Technology Co., Ltd” owned by Datang Telecom Technology Co., Ltd was transferred to a private enterprise.
The total amount of newly listed projects reached RMB10.256 billion, with an increase of 296.75% year-on-year. The electric and heating power generation and supply industry, software and IT service industry as well as papermaking and paper products industry ranked the top three. The project of “20% of stock equity of Huaneng International Power Development Company” owned by a subordinate company of Bank of China Limited was listed at a price of RMB8.741 billion as a key project of this week.
II. Projects concerning physical assets and non-state-owned equity
This week, CBEX promoted a number of projects concerning physical assets. The project for transfer of “54.21% of rights and interests concerning use of land at Chunyuanwan, Wanning, Hainan and buildings on the land” owned by a subordinate company of China Minmetals Corporation was listed at a price of RMB689 million. The land covers an area of 531,157.2 square meters.
Concerning non-state-owned equity, the project for transfer of “100% of stock equity of Beijing Zhonghuanxinrong Hotel Management Co., Ltd” was listed at a price of RMB674 million. The company was established in 2008, with registered capital of USD6.062 million.
III. Financing and investment promotion projects
This week CBEX promoted a number of financing and investment promotion projects. The project for “transfer of land for commercial and service purposes located at the core area of Suizhong, Huludao, Liaoning” owned by a marketing branch of PetroChina in Huludao was listed, planning to raise fund of RMB85 million. The oil depot under the project, covering a land area of 38,900 square meters, was built up in 1952 and closed down in 2006. Since then, it has been left unused.
IV. Projects at professional platforms of CBEX
This week, the professional platforms of CBEX also listed a number of key projects. Five projects of “6,000,000,000 shares of China United Insurance Co., Ltd” owned by China Insurance Security Fund Co., Ltd were listed at Beijing Financial Assets Exchange at a price of RMB10.32 billion. China United Insurance Holding Company has registered capital of RMB15.31 billion. The net profit of the company in 2014 reached RMB1.952 billion.
V. Dynamic quoting projects
This week, 114 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 RMB1.034 billion. A total of 73 dynamic quoting projects were concluded, with a turnover of RMB6.5 million, including projects of physical assets of administrative institutions and vehicle assets that were concluded at a premium rate of 28.34% and 18.82% respectively.