Home » today » Business » China Three Gorges Life Insurance coverage Co. modifications its fairness once more: “Dima Group” is liquidated and launched, and the state property fund will maintain greater than 80% of the shares

China Three Gorges Life Insurance coverage Co. modifications its fairness once more: “Dima Group” is liquidated and launched, and the state property fund will maintain greater than 80% of the shares

On June 17, China Three Gorges Life Insurance coverage launched an announcement saying that the corporate’s third extraordinary shareholder assembly in 2024 held on the identical day had reviewed and authorized the ” Proposal for Switch of Shares held by Dima Industrial”.

In accordance with the transfer, Chongqing Dima Industrial Co., Ltd. (hereinafter known as “Dima Business”) intends to promote its 150 million shares in China Three Gorges Life Insurance coverage (accounting for 9.76% of the entire capital), and the transferor is Chongqing Expressway Funding Holding Co., Ltd.

The above fairness modifications are nonetheless awaiting approval from the Chongqing Audit Bureau of the State Administration for Monetary Supervision and Administration. After approval, Chongqing Expressway will turn out to be the fifth largest shareholder of Three Gorges Life Insurance coverage The Chongqing State Property Holding Co., Ltd. – property share ratio can be greater than 80%.

The essential details about shareholders’ fairness of China Three Gorges Life Insurance coverage Co., Ltd has been printed. the true controller of the second largest shareholder is Chongqing Hello-Tech Group Co., Ltd., the administration of Chongqing Liangjiang New District. , which is the Property Inspection and Administration Workplace of the Jiangyin Municipal Individuals’s Authorities.

The possession ratios of the above three events are 30.49%, 30.49% and 13.01% respectively. Along with the 9.76% fairness transferred by Chongqing Expressway, the state-owned ratio of China Three Gorges Life will attain 83.75%, and the state-owned shares of Chongqing will attain 70.74%.

In January 2024, China Three Gorges Life Insurance coverage issued a discover saying that the change in registered capital had acquired regulatory approval, and the corporate’s registered capital had elevated from 1 billion yuan to 1.537 billion yuan.

In the identical month, China Three Gorges Life Insurance coverage issued “Provisional Data Launch (2024) No. 2” stated Dima Business, the fifth largest shareholder, deliberate to switch all its shares to Chongqing Expressway.

Till June 17, China Three Gorges Life Insurance coverage issued one other discover saying that the corporate’s shareholders’ assembly had reviewed and authorized the “Proposal on the Switch of Shares held by Dima Business” on the identical day.

Surprisingly, the contents of the “Provisional Data Launch (2024) No. 2” which might be seen on the official web site has additionally been modified from the earlier fairness change case to the audit physique change case.

Tianyancha data reveals that Dima Business is ST Dima.600565.SH) Subsidiary. The latter continues to be getting by way of the difficulties by way of restructuring and different means.

On June 13, ST Dima’s shareholders’ assembly voted and handed the “Proposal on submitting to the Courtroom for Reorganization” and “Proposal on submitting to the Shareholders’ Assembly shares of the Firm to authorize the Board of Administrators to cope with points associated to the reorganization of the corporate. “

On the identical day, ST Dima introduced that seven teams, together with the director and president of the corporate Luo Shaoying, deliberate to extend their holdings by amassing 3.3615 million shares of the corporate, accounting for 0.1349% of the corporate’s whole share capital, with a complete enhance of two.9657 million Yuan.

Information Wall Avenue·Commerce Wind known as China Three Gorges Life Insurance coverage Co., Ltd. relating to the fairness change, however had not acquired a response as of press time.

Three Gorges Life’s first quarter launch report reveals that its insurance coverage enterprise income within the first quarter was 210 million yuan, down 18.1% 12 months on 12 months; internet revenue was -51 million yuan, and the loss charge elevated by 31.99% 12 months on 12 months the funding return charge was 0.99%, and complete funding earnings The ratio is 1.78%, decrease than the business common, the fundamental ratio of solvent adequacy is 124.91%, and the ratio of solvent completeness is 170.81%, each exceeding regulatory necessities; .

The essential shareholder data from China Three Gorges Life Insurance coverage Firm revealed that Jiangsu Huaxi Tongcheng Funding Holding Group Co., Ltd. nonetheless owns 13.01% of the fairness. in a frozen state, and three.24% of the fairness in Chongqing Zhongke Development. (Group) Co., Ltd., assured and frozen.

Danger warning and disclaimer

Market danger, the funding have to be cautious. This text doesn’t represent private funding recommendation, and doesn’t take note of the particular funding goals, monetary scenario or wants of particular person customers. Customers ought to think about whether or not any concepts, opinions or conclusions on this article are relevant to their explicit scenario. Make investments accordingly and achieve this at your personal danger.

2024-06-19 04:16:43
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