Essence Securities Co., Ltd. announced that it has received CNY 7.896158728 billion in funding from SDIC Capital Co., Ltd., Shanghai Yisheng Investment Co.,Ltd.
November 28, 2017
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On November 29, 2017, Essence Securities Co., Ltd. closed the transaction. The company has received CNY 7,896,158,728. The transaction included participation from new investor Shanghai Yisheng Investment Co.,Ltd. for CNY 246,754 for 0.0031% stake and SDIC Capital Co., Ltd. (SHSE:600061) for CNY 7,895,911,974. Form the total investment of the company of which CNY 3,474,865,021 was added as registered capital, CNY 4,421,293,707 was added as capital reserve. The registered capital of the company is increased from CNY 3,525,134,979 to CNY 7,000,000,000. The company has reported total assets of CNY 122,588,257,587, total liabilities for CNY 101,007,476,716, total equity of CNY 21,519,876,849, revenue for CNY 7,674,024,673, operating profit of CNY 3,364,318,305, total profit of CNY 3,420,696,281, and net profit of CNY 2,551,987,342 for the period ended December 31, 2016.
SDIC Capital Co., Ltd, formerly SDIC Essence (Holdings) Co., Ltd, is a China-based company principally engaged in the securities business. The Company operates through five segments. The Brokerage segment manily includes brokerage business of securities and futures and the agent sales of financial products. Entrusted Asset Management segment mainly includes the pooled asset management, directional asset management and specific asset management. Proprietary Business segment mainly invests the Companyâs funds in equity securities, fixed income securities and derivatives and is involved in the market making business in the new over-the-counter (OTC) market. Investment Banking segment includes stock financing, bond financing, mergers and acquisitions and financial advisory services. Margin Trading segment includes margin trading, stock pledged repo and agreed-to-repurchase securities.
Essence Securities Co., Ltd. announced that it has received CNY 7.896158728 billion in funding from SDIC Capital Co., Ltd., Shanghai Yisheng Investment Co.,Ltd.
SDIC CAPITAL CO.,LTD 
