Take the public offering license! Guolian securities copy CITICs crazy M & a road?

category:Finance
 Take the public offering license! Guolian securities copy CITICs crazy M & a road?


Guolian Securities said frankly that China Shipping fund is mainly engaged in fund raising, fund sales, asset management and other businesses permitted by China Securities Regulatory Commission. The acquisition of the company is an important business growth point for the group to increase its control over China Shipping fund and quickly obtain public offering license.

115 million public offering license

As of July 31, 2020, the total value of assets and net assets of China Shipping fund are 270 million yuan and 247 million yuan respectively. In 2019, China Shipping fund realized a net profit of 2.1568 million yuan after tax.

Guolian securities further said in the announcement that there are three main reasons for holding China Shipping Fund:

2u3001 After the acquisition, China Shipping fund will become the holding subsidiary of the company. The Board believes that this will help to better implement the companys business philosophy and strategy.

In the third reason for the acquisition, Guolian Securities said that holding public funds is one of the necessary conditions for the development of infrastructure public offering REITs. Public REITs are effective financial products linking industry and capital. After holding the shares of China Shipping fund, the company can quickly obtain the public offering license, form a joint force with the ABS business of asset management of the company, seize the opportunity, and form an important business growth point of the company.

There is sufficient space for the development of infrastructure public REITs in China. Xu Xianping, chairman of the 2020 China REITs forum and counsellor of the State Council, said recently that the potential scale of Chinas standard public offering REITs products should be between 5 trillion yuan and 14 trillion yuan, which can leverage three times the investment of 15 trillion yuan to 42 trillion yuan.

Some people from securities companies said that in the layout of public offering REITs, small and medium-sized securities companies are more motivated to go ahead. In terms of business volume, the market share of large-scale securities companies in investment banking and other business areas is stable, and there is a gradual increase in the situation. The business competition pressure of small and medium-sized securities companies is comprehensively increased, and the new business is of greater significance for small and medium-sized securities companies pursuing differentiated competition.

Guolian securities copy CITICs crazy M & a road?

Supporting domestic securities companies to become bigger and stronger is one of the main themes of the development of the securities industry. However, the combination of strong and powerful in the market rumors did not appear. Instead, it was Guolian securities that launched the first shot of industry merger and acquisition, making Guolian securities the focus of the securities industry in the near future.

On September 20, Guolian securities and Guojin securities announced that Guolian securities would absorb and merge Guojin securities by exchanging shares; at the same time, Guolian securities acquired about 7.82% equity of Guojin securities held by Changsha Yongjin.

As Wang Yifeng said, in the history of the development of Chinas securities industry, CITIC Securities is a typical example of how to become bigger and stronger through mergers and acquisitions.

In 2003, CITIC Securities successfully landed on the Shanghai Stock Exchange, becoming the first securities company to be listed through IPO in China.

In August 2005, CITIC Securities joined hands with CCB to establish CSCI securities and CCCI asset management company. At that time, CITIC Securities held 60% of the shares of CSCI.

In recent years, CITIC Securities has not stopped its M & a pace. At the end of 2018, CITIC Securities started the acquisition of 100% equity of Guangzhou securities, and finally fully took over Guangzhou securities in January this year. The registered name of Guangzhou securities was changed to CITIC Securities South China Co., Ltd.

And this round of Guolian securities successive mergers and acquisitions is also full of the shadow of CITIC Securities.

In 2015, at the age of 63, Wang Dongming retired from the post of chairman of CITIC Securities due to his age, and joined Guolian securities as a consultant.

In addition to ge Xiaobo, Wang Jie, Secretary of the board of directors of Guolian securities, Wang Jinling, chief information officer, Yin Hongwei, vice president and chief wealth officer, and Li Qin, chief risk officer, all worked in CITIC Securities. In the development history of CITIC Securities, Wang Dongming served as the chairman of the company from 2002 until he retired in 2015. He led the listing and subsequent large-scale mergers and acquisitions. He is the soul of the company to gradually lock in the leading position through multiple mergers and acquisitions. At present, Wang Dongming and CITIC have settled in Guolian securities on a large scale. Guolian securities has successively carried out a series of operations such as acquiring Guojin securities and holding Zhonghai fund, which can not help but make the market have more expectations for the follow-up development of Guolian securities. What step can the so-called rival of Goldman Sachs in Wuxi go? Source of this article: Yang Bin, responsible editor of securities companies in China_ NF4368

In addition to ge Xiaobo, Wang Jie, Secretary of the board of directors of Guolian securities, Wang Jinling, chief information officer, Yin Hongwei, vice president and chief wealth officer, and Li Qin, chief risk officer, all worked in CITIC Securities.

In the development history of CITIC Securities, Wang Dongming served as the chairman of the company from 2002 until he retired in 2015. He led the listing and subsequent large-scale mergers and acquisitions. He is the soul of the company to gradually lock in the leading position through multiple mergers and acquisitions.

At present, Wang Dongming and CITIC have settled in Guolian securities on a large scale. Guolian securities has successively carried out a series of operations such as acquiring Guojin securities and holding Zhonghai fund, which can not help but make the market have more expectations for the follow-up development of Guolian securities. What step can the so-called rival of Goldman Sachs in Wuxi go?