Home » CITIC Securities disclosed its shareholding in the pension joint venture, the National Pension Insurance Company, ready to come out? _ Oriental Fortune Network

CITIC Securities disclosed its shareholding in the pension joint venture, the National Pension Insurance Company, ready to come out? _ Oriental Fortune Network

by admin

Summary

[CITIC Securities disclosed that it has invested in the National Pension Insurance Co., Ltd. of the pension joint venture, and is ready to come out? ]On July 25, CITIC Securities (06030.HK) issued an announcement stating that the board of directors announced that on July 23, 2021, CITIC Securities Investment, a wholly-owned subsidiary of CITIC Securities, and CNCB Wealth Management and other promoters entered into a joint venture Sponsor agreement. The announcement disclosed that the establishment of the joint venture company was to actively implement the relevant arrangements of the central government on further improving and perfecting the establishment of the old-age security system. According to the promoter agreement, the registered capital of the joint venture company is 11.15 billion yuan, of which CITIC Securities Investment will invest 300 million yuan, and CNCB Wealth Management will invest 500 million yuan, holding approximately 2.69% and 4.48% of the equity in the joint venture, respectively. The other promoters will contribute a total of RMB 10.35 billion and will hold approximately 92.83% of the equity in the joint venture. (Zhitong Finance Network)

July 25,CITIC Securities(06030.HK) releaseannouncementSaid, the board of directors announced that on July 23, 2021,CITIC SecuritiesWholly-owned subsidiaryCITIC SecuritiesInvestment and CNCBFinancial managementAnd other promoters, enter into a promoter agreement for the establishment of a joint venture company. The announcement disclosed that the establishment of the joint venture company was to actively implement the relevant arrangements of the central government on further improving and perfecting the establishment of the old-age security system.According to the sponsor’s agreement, the registered capital of the joint venture is 11.15 billion yuan, of whichCITIC SecuritiesThe investment will invest 300 million yuan, and CNCBI will invest 500 million yuan, holding approximately 2.69% and 4.48% of the equity in the joint venture, respectively. The other promoters will contribute a total of RMB 10.35 billion and will hold approximately 92.83% of the equity in the joint venture.

See also  Two Core Businesses Help High-Quality Development, Shanshan's Net Profit Increases 23 Times in 2021_Oriental Fortune

(Source: Zhitong Finance Network)

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy