CITIC Offshore Helicopter Co.,Ltd. announced that it has received CNY 1.103048161 billion in funding from CITIC Investment Holdings Limited, Jinan Wenjing Investment Partnership (Limited Partnership), Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Qingdao Huazi Shengtong Equity Investment Fund Partnership (Limited Partnership), Nanchang High-Tech Industrial Development Zone Huajing Aviation Indus Inv Partnership Enterprise(LP)
August 26, 2021
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On August 27, 2021, CITIC Offshore Helicopter Co.,Ltd. closed the transaction. The company has amended the terms of the transaction. The company has issued 169,699,717 shares at an issue price of CNY 6.50 per share for gross proceeds of CNY 1,103,048,160.50. The company will have underwriting and sponsorship fee of CNY 20,812,229.44 and other issue fees of CNY989,294.50 and has net proceeds of CNY 1,081,246,636.56. The transaction included participation from new investors CITIC Investment Holdings Limited for 65,555,001 shares for 8.45% stake and will have a lock up of 36 months, Zhang Shilong for 3,076,923 shares, Jinan Wenjing Investment Partnership (Limited Partnership) for 10,769,230 shares and 1.39% stake, Jiashu Balance No. 3 Private Securities Investment Fund for 5,538,461 shares for 0.71% stake, Kangmande Fixed Increase No. 7 Private Securities Investment Fund for 5,384,615 shares for 0.69% stake, Jiashu Balance No. 2 Private Securities Investment Fund for 5,230,769 shares and 0.67% stake, Kangmande No. 105 Investment Fund, Kangmande No. 003 Actively Managed Private Securities Investment Fund, Shu Yuqiang for 3,076,923 shares each, Caitong Fund Management Co., Ltd. for 9,076,923 shares and 1.17% stake, Zhang Qizhi for 4,615,384 shares, Wang Shichun for 3,076,923 shares, and Qingdao Huazi Shengtong Equity Investment Fund Partnership (Limited Partnership) for 38,461,538 shares and 4.96% stake, Nanchang High-Tech Industrial Development Zone Huajing Aviation Indus Inv Partnership Enterprise(LP) for 913,951 shares, Nuode Asset Management Co., Ltd. for 4,153,846 shares, and returning investor Wu Xiaofeng for 4,615,384 shares each of them will have a hold period of 6 months. The company has completed the registration procedures for the newly issued shares at China Securities Depository and Clearing Co., Ltd. Shenzhen Branch. Pursuant to the transaction Wu Xiaofeng’s stake will increase from 1.67% to 1.90%. The newly issued shares will be listed on September 9, 2021.
Citic Offshore Helicopter Co Ltd is a China-based company mainly engaged in offshore oil, emergency rescue, port pilotage, land navigation, navigation maintenance, offshore wind power and other businesses. The company operates through 10 segment. The Shenzhen, Shanghai, Tianjin, Zhanjiang, Zhejiang, Hainan, Beijing, Wuhu segment is mainly engaged in providing general aviation transportation services in the Shenzhen, Shanghai, Tianjin, Zhanjiang, Zhejiang, Hainan, Beijing, Wuhu area. The General Aviation Maintenance segment is principally engaged in the provision of general aviation maintenance services. The Financial Leasing segment is principally engaged in the provision of financial leasing services. The Company mainly operates its businesses in the domestic market.
CITIC Offshore Helicopter Co.,Ltd. announced that it has received CNY 1.103048161 billion in funding from CITIC Investment Holdings Limited, Jinan Wenjing Investment Partnership (Limited Partnership), Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Qingdao Huazi Shengtong Equity Investment Fund Partnership (Limited Partnership), Nanchang High-Tech Industrial Development Zone Huajing Aviation Indus Inv Partnership Enterprise(LP)