Securities code: 601375 Securities abbreviation: Zhongyuan Securities Announcement number: 2019-038
The board of directors of the company and all directors guarantee that the content of this announcement does not contain any false records, misleading statements or major omissions, and bear individual and joint and several liability for the authenticity, accuracy and completeness of its content.
Important content tips:
The name of the capital reduction target: Zhongding Kaiyuan Venture Capital Management Co., Ltd.
Reduce amount: RMB 1.2 billion
1. Overview of capital reduction matters
(I) Basic situation of capital reduction matters
Zhongding Kaiyuan Venture Capital Management Co., Ltd. (hereinafter referred to as "Zhongding Kaiyuan") is a wholly-owned subsidiary of Zhongyuan Securities Co., Ltd. (hereinafter referred to as "Company") with a registered capital of RMB 2 billion. According to the company's development needs, the company decided to reduce Zhongding Kaiyuan's original registered capital of RMB 2 billion to RMB 800 million. Among them, the paid-in capital decreased from RMB 895 million to RMB 800 million, a decrease of RMB 95 million. After the capital reduction is completed, the company still holds 100% of Zhongding Kaiyuan's equity.
(II) Deliberations of the Board of Directors
Company held the eighth meeting of the sixth board of directors on June 4, 2019, and reviewed and passed the "Proposal on Reduction of Capital of Wholly-owned Subsidiary Zhongding Kaiyuan Venture Capital Management Co., Ltd.". In accordance with the provisions and requirements of the "Shanghai Stock Exchange Stock Listing Rules" and other laws, normative documents and the "Company Articles of Association" and other systems, this capital reduction is within the scope of the decision-making authority of the board of directors and does not need to be submitted to the shareholders' meeting for deliberation.
(III) This capital reduction does not constitute an associated transaction, nor is it a major asset restructuring matter.
2. Basic information of the reduction target
1. Name: Zhongding Kaiyuan Venture Capital Management Co., Ltd.
2. Nature of the enterprise: other limited liability companies
3. Registration location: Room 501-11, Building 1, No. 1, Lize Road, Fengtai District, Beijing
4. Main office location: 20th floor, Hailian Building, No. 20, Business Outer Ring Road, Zhengdong New District, Zhengzhou City, Henan Province
5. Legal representative: Yang Feng
6. Registered capital: RMB 2 billion
7. Date of establishment: February 8, 2012
8. Company shareholding ratio: 100%
9. Business scope: Use your own funds or establish direct investment funds to invest in equity or debt investment in enterprises, or invest in other investment funds related to equity and debt investment; provide customers with financial advisory services related to equity and debt investment; other businesses approved by the China Securities Regulatory Commission.
10. Financial status:
According to audited financial data, as of December 31, 2018, Zhongding Kaiyuan (parent company) had total assets of RMB 979 million and net assets of RMB 955 million; in 2018, it achieved operating income of RMB 42.8336 million and net profit of RMB 25.7617 million.
According to unaudited financial data, as of March 31, 2019, Zhongding Kaiyuan (parent company) had total assets of RMB 977 million and net assets of RMB 963 million; from January to March 2019, it achieved operating income of RMB 10.6771 million and net profit of RMB 7.6771 million.
3. Impact of capital reduction on the company
According to Zhongding Kaiyuan's current business development and capital use, this capital reduction will not have an adverse impact on its business development.
This capital reduction will not change the equity structure of Zhongding Kaiyuan, and will not cause changes to the scope of the company's consolidated financial statements, and will not have a significant impact on the company's current profit and loss .
is hereby announced.
Board of Directors of Zhongyuan Securities Co., Ltd.
June 5, 2019
