Our reporter Zhang Xin
citic securities The announcement said that the Board of Directors reviewed and passed the Proposal on Joint Venture Equity Direct Investment Business with Overseas Investment Institutions: the company will jointly carry out equity direct investment business with Shengda International Group (SICO), and this cooperation is mainly invested in the equity of domestic companies to be listed. Industry insiders pointed out that this means that the restrictions on securities companies' investment in the equity of companies to be listed are about to be lifted.
According to the proposal, the committed capital of the joint venture between the two parties should not exceed 1 billion yuan (including 1 billion yuan). The investment proportion of both parties is: CITIC negotiable securities The amount of contribution shall not exceed 500 million yuan (including 500 million yuan), accounting for 50%; SICO, a wholly-owned subsidiary, contributes no more than 500 million yuan, accounting for 50%.
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
