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CMIG has 300 mln stocks for sale with reserve price of RMB300 mln

November 22, 2018


Abstract : China Minsheng Investment Group (CMIG), a leading global investment group in China, plans to transfer 300 million shares at a reserve price of 300 million yuan (one yuan per share and the net asset per share at the end of 2017 was 1.91 yuan).

股票

BEIJING, Nov. 22 (Xinhua) – China Minsheng Investment Group (CMIG), a leading global investment group in China, plans to transfer 300 million shares or 0.6 percent of its total equities at a reserve price of 300 million yuan (one yuan per share and the net asset per share at the end of 2017 was 1.91 yuan), according to the Investment and Financing Service at China Beijing Equity Exchange (CBEX).

Data showed that the total assets of CMIG exceeded 309.651 billion yuan as of the first half of 2018. Besides, its fiscal report of 2017 revealed that its net profits reached 5.5641227 billion yuan.

Data unveiled also showed that PricewaterhouseCoopers Zhongtian Certified Public Accountants Co., Ltd. was hired by CMIG for financial audit. Moreover, CMIG's corporate credit rating reached AAA, the highest level, according to the credit rating report provided by Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. (Shanghai Brilliance Rating) in 2018. (Edited by Gu Shanshan)

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