China Construction Group Co., Ltd. reduced its holdings of 505 million shares of China Construction Group Co., Ltd. to cash out about 6.5 billion yuan this year

category:Finance
 China Construction Group Co., Ltd. reduced its holdings of 505 million shares of China Construction Group Co., Ltd. to cash out about 6.5 billion yuan this year


CSCEC said that the above changes in equity will not lead to changes in the controlling shareholders and actual controllers of the company.

According to the announcement, prior to the transaction, Anbang life purchased 4170000 shares of CSCEC A-share through ETF (trading open index fund) in January this year, accounting for 0.0099% of the companys total share capital. According to the transaction price of 5.8 yuan / share, the ETF market value of this transaction is about 24.186 million yuan. In addition, in the first quarter, we sold 419421082 shares of CSCEC through centralized trading, accounting for 0.9995% of the companys total share capital, and the trading price showed 5.38 yuan / share, thus calculating the set cash amount of about 2.256 billion yuan. From April to June, everyone life also cashed out 1.779 billion yuan through centralized trading.

Counting the 505 million a shares of CSCEC transferred on June 19, since this year, everyone life has accumulated 6.537 billion yuan in cash.

As of the date of this announcement, everyone Life Insurance Co., Ltd. holds 17.84% of China Minsheng Bank Co., Ltd., 14.99% of Dashang Co., Ltd., Changchun Eurasian Group Co., Ltd. and Beijing Tongrentang Co., Ltd. in addition to CSCEC, and 20.43% of goldI (Group) Co., Ltd , 29.58% of COSCO Jiyuan Holding Co., Ltd. and 14.1% of Financial Street Holding Co., Ltd.

According to the official website of CSCEC, China Construction Group Co., Ltd. was formally established in 1982. It is the investment and construction group with the longest professional development, the earliest market-oriented operation, the highest degree of integration and the largest scale in the world. CSCEC group mainly carries out operation and management activities on the platform of China Construction Corporation (601668. SH), a listed company, with 7 listed companies and more than 100 secondary holding subsidiaries.

The shareholding ratio shows that CSCEC is subordinate to CSCEC, with 56.3% of the shares held by CSCEC, while the actual controller of CSCEC is the state owned assets supervision and Administration Commission of the State Council.