Brokerage business!CICC has throws a plan for fundraising of 27 billion shares, and the Central Huijin has promised to subscribe

100 billion securities firms throwing a plan for raising 27 billion shares. After the market on September 13, CICC issued an announcement of the Securities Plan Plan for Public Release of the 2022 Dating of the 2022nd Dating. The total amount of funds raised is expected to exceed RMB 27 billion.

Specifically, the A -shares and H -shares shares are based on the total number of A -shares and H shares after the shareholding registration of the equity registration date. Purchase processing. The proportion of A shares and H -shares shares is the same.

The company's total share capital as of June 30, 2022 calculated 4.827 billion shares as the base calculation (including 2.924 billion A shares and 1.904 billion H shares), and the number of shares for sale of this time No more than 877 million shares, H -shares shares not exceeding 571 million shares.

In terms of pricing, CICC stated that the price of H -shares shares is not lower than the company's average Hong Kong Stock Exchange's market price of H -shares on the Hong Kong Stock Exchange 80%("H The minimum issuance price of the shares); A -share allocation price is not lower than the minimum issuing price of H -shares after the exchange rate adjustment at that time. The price of A shares and H -share allocation is consistent after the exchange rate is adjusted, or it will be higher than or lower than the market transaction price of H -shares at that time.

In terms of the unblocking profit before the distribution of the shares, CICC stated that all shareholders after the completion of the A -shares and H -shares allocation are enjoyed according to their shareholding ratio.

In terms of funds, the total amount of funds raised this time is expected to not exceed RMB 27 billion (specific scale depends on the market conditions at the time of issuance). Gold supports the development of various businesses, including capital services and product business, investment banking, wealth management business, private equity business, asset management business. The remaining no more than 3 billion yuan is used to supplement other operating funds.

对于此次配股的影响，中金公司提到，本次发行将提升公司的资本实力，缩小与其他国内头部券商和国际投行的资本差距，推动公司加快规模化发展，拓展境内外市场网络及Business layout, increase capital investment to serve the comprehensive cross -border needs of global customers, and consolidate and enhance core competitiveness in professional services, international business, digital transformation and other aspects.

CICC also said that in recent years, the company's main risk control indicators have continued to meet the regulatory standards, but with the continuous development of the company and expanding new business and new products, the scale of domestic and overseas balance sheet business has continued to expand, capital leverage ratio and other major regulatory indicators are The increasing pressure is increasing, and high demand for net capital and net assets. This issue meets the company's business development needs, which helps ensure that the company continues to meet the requirements of net capital supervision and further enhance the company's ability to resist risks.

In terms of returns, CICC stated that after the completion of the shares, the company's share capital and the scale of net assets will increase significantly, and the funds raised from investing to generating benefits require a certain period of time cycle, company profit realization and shareholders' return return It still mainly depends on the company's existing business, which has led to the risk of being diluted after the company's offering of shares issued shares in the short term.

It is worth mentioning that CICC's controlling shareholder Central Huijin Investment Co., Ltd. (40.11%of the shareholding) has promised to subscribe for its distribution shares in this shares in this offering plan in cash.

According to public information, CICC's main business is the financial industry, and the business scope covers macroeconomic, securities and market research, equity and debt issuance and underwriting, mergers and acquisitions of financial advisors, equity sales transactions, fixed income, self -operated investment, asset management , Wealth Management, Direct Investment, Securities Investment Consultation and many other fields.

In terms of the secondary market, as of the closing of A -shares on the 13th, CICC rose 0.59%to 42.95 yuan/share; in terms of Hong Kong stocks, the company closed down 0.14%on the 13th to HK $ 14.34/share.

- END -