With the successful development of Shenzhen, Yuan Yakang deeply realized that the only way to realize the value of life at different levels is to strive for recognition from himself, his friends, the government and society.
Yuan Yakang 199 1 joined the securities industry. He has served as the chairman of Shenzhen Tongpengxin Investment Development Co., Ltd. and Tongcheng (Hong Kong) Investment Group Co., Ltd., participated in the asset restructuring of several listed companies of China Gas, and has rich theoretical knowledge and practical experience in various businesses in domestic and foreign securities markets. 200 1 Co-sponsored the establishment of the first B-share investment fund in China with the Bank of East Asia, Guotai Junan Securities Co., Ltd. and other famous financial institutions at home and abroad. In 2004, it successfully acquired and reorganized Jidian Holdings, a listed company on the main board of Hong Kong, and changed its name to Zhong Min Holdings Co., Ltd., becoming one of the controlling shareholders of the company.
Yuan Yakang has been riding the capital market for many years and is good at capital operations such as mergers and acquisitions. Participated in asset restructuring of several listed companies. In particular, the reorganization of China Gas, a Hong Kong listed company, has achieved great success. The predecessor of China Gas is a listed company engaged in engineering construction. Mr. Yuan established Asia Alliance Limited (BVI), which successively carried out a series of capital operation means such as mergers and acquisitions, and successfully realized the listing of clean energy and natural gas projects in the Mainland in Hong Kong. In just over a year, assets have quintupled. During this period, many mergers and acquisitions were carried out, forming a relatively complete industrial chain with urban natural gas pipeline network distribution and pipeline network construction as its core business. As a green energy and public utility, China Gas is favored by international capital.
In August, 2005, China Gas set foot on the red carpet leading to Europe and went public in Frankfurt. In May 2006, Merrill Lynch International, a world-renowned investment bank, purchased US$ 40 million convertible bonds from China Gas. In addition, China Natural Gas also entered the oil exploitation resource industry and acquired a large oil field.
Yuan Yakang is also very proficient in investing in the securities market. The sponsors of China B-share investment fund with him as the main sponsor also include Bank of East Asia, Guotai Junan Securities Co., Ltd. and other famous financial institutions. The fund was established in 2000, with a compound investment rate of 30% in five years, and the annual investment rate of return in 2005 exceeded 100%.