1. Jintou Trust Network: On July 1 1, the shareholders of Chongqing Trust reported that Chongqing Water Group (8.28, -0. 18, -2. 13%) announced that the CBRC had recently approved the transfer of Chongqing Trust.
Worryingly, Taikang Life Insurance also invested in SDIC Trust at the beginning of this year. The industry believes that one reason why insurance companies are keen to invest in trust companies is to facilitate insurance investment. As the regulatory authorities increased the shareholders' responsibility of the trust company, some weak shareholders chose to quit, so the major shareholders of the trust company will also change during the year. According to the announcement of Chongqing Trust, China Life Investment acquired 23.86% shares of Chongqing Trust held by Chongqing Water Group at a price of 4. 17 yuan per share (a total of 5810.8 million shares) and became a shareholder of Chongqing Trust.
3. In other words, China Life became the second largest shareholder of Chongqing Trust at a price of 2.42 billion yuan. According to the 20 13 annual report of Chongqing Trust, the largest shareholder of the company is Chongqing Guo Xin Investment Holding Co., Ltd., a subsidiary of Chongqing State-owned Assets Supervision and Administration Commission, with a shareholding ratio of 66.99%, followed by Chongqing Water Group Co., Ltd. with a shareholding ratio of 23.86%. In the previous announcement, Chongqing Water Group said that the transfer of all its shares in Chongqing Trust would help to better arrange its industrial layout.
4. According to the data, the controlling shareholder of Chongqing Water Group is Chongqing Water Assets Management Co., Ltd., which is mainly engaged in the investment, operation and construction management of urban water supply and drainage projects, as well as the management of urban water supply and drainage and system facilities. The new second shareholder, China Life Insurance (37.39,-1.5 1, -3.88%), is a professional management platform for alternative investments of insurance (group) companies. At present, there are more than 10 holding companies, and the investment scope covers equity investment, real estate investment, pension health care investment and asset management. At the end of last year, the registered capital of Chongqing Trust was 24,387.3 billion yuan, and the trust scale was 1263 1 billion yuan, including 48.75 billion yuan for collective trust and 72.43 billion yuan for single trust. It is noteworthy that the major shareholder of the trust company also introduced Taikang Life Insurance Co., Ltd. and Jiangsu Da Yue Group as strategic investors through capital increase and share expansion in June 5438+ 10 this year. Together, the two companies hold 45% of the shares and raise more than 2.2 billion yuan.