AVIC Securities Co.,Ltd. announced that it expects to receive CNY 2 billion in funding from AVIC Industry-Finance Holdings Co., Ltd., AVIC Investment Holdings Co., Ltd.
December 13, 2021
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AVIC Securities Co.,Ltd. announced that it will raise CNY 2,000 in an equity round of funding on December 14, 2021. The transaction include participation from returning investors AVIC Industry-Finance Holdings Co., Ltd. and AVIC Investment Holdings Co., Ltd. Before and after closing of the transaction investors will continue to hold 28.29% stake and 71.71% stake in the company respectively and the registered capital of the company will increase from CNY 3,633,572,600 to CNY 4,620,957,200. The transaction has been approved in the 42nd meeting of the 8th board of directors of the company.
On December 30, 2021, the company announced that the transaction has been approved by the shareholders of AVIC Industry-Finance Holdings Co., Ltd. in its Sixth Extraordinary General Meeting of Shareholders.
AVIC Industry Finance Holdings Co Ltd, formerly AVIC Capital Co Ltd, is a China-based company mainly engaged in comprehensive financial services and industrial investment business. The Company conducts its businesses through five segments. The Securities Business segment is mainly engaged in securities brokerage, securities proprietary trading, securities underwriting and sponsorship, and entrusted asset management business. The AVIC Financial Business segment is mainly engaged in the internal deposit and loan business of the aviation industry group. The Leasing Business segment is mainly engaged in the financial leasing and operating leasing of large equipment such as aircrafts and ships. The Futures Brokerage business segment is mainly engaged in the futures brokerage business. The Trust Business segment is mainly engaged in fund trust, movable property trust and real estate trust business.
AVIC Securities Co.,Ltd. announced that it expects to receive CNY 2 billion in funding from AVIC Industry-Finance Holdings Co., Ltd., AVIC Investment Holdings Co., Ltd.