1. What is investment banking and capital operation?
CITIC has the strongest investment banking team in the whole market, with more than 100 investment banking personnel in Shanghai alone, who are competent for any investment banking and capital operation tasks. Such as refinancing after listing, asset merger and acquisition, etc. For example, the recent merger of Baosteel and WISCO, as well as the previous capital injection by Feng Fan Company, are all cases of difficult capital operation. CITIC's bond and asset securitization business has always been ahead of the market. We can help enterprises to issue corporate bonds, convertible bonds and exchangeable bonds at lower interest rates, such as asset securitization of income accounts. On industrial M&A: As far as Fund A is concerned, CITIC has strong advantages in capital and resources. CITIC Securities can directly participate in industry mergers and acquisitions of listed companies; A fund. There are investment companies such as CITIC Jinshi and CITIC Capital on the CITIC platform, as well as the largest new third board service department in the whole market. We have participated in many local government industrial funds in the form of LP or investment. The project reserves are sufficient to provide listed companies with investment services such as acquisition targets or full adjustment. Combined with CITIC Investment Bank, after the project is mature, it can provide various asset securitization services such as being acquired by listed companies (itself or other listed companies) and delisting of the New Third Board.
2. What are the businesses of non-investment banks?
1, market value management. It owns CITIC, the largest asset management team among securities companies, with assets under management reaching 2 trillion yuan. The earliest market value managers, such as the earliest 600 150CSSC more than a decade ago, were all made by CITIC Securities. Now that there is a more flexible market value management business, individual shareholders can entrust CITIC to manage their own stocks and obtain excess returns. Similarly, shareholders of the company can do the same if they have a plan to reduce their holdings (otherwise, there will be tax or announcement problems caused by equity transfer). ) .2. The peers are rich in resources and have cooperated with many banks, trusts and asset management companies. Suggestions and introductions on providing banking financial services for listed companies.
In short, it serves the financing needs of the company's equity incentive objects and provides financing for them to complete the exercise of stock incentive options. It alleviates the worry that the incentive object lacks exercise funds, which is helpful to improve the actual incentive effect of the incentive scheme.