SITE MAP
中文 / EN
NEWS
Good news! The Securities Regulatory Commission officially approved the initial public issuance of 1 billion yuan of corporate bonds by Dongguan Financial Holdings Group
Release time:2019-03-29
Share:

On March 22, the SFC issued the "Approval for the Public Issuance of Corporate Bonds by Dongguan Financial Holding Group Co., Ltd. to Qualified Investors" (SFC License [2019] 463), agreeing that Dongguan Financial Holding Group will publicly issue corporate bonds of no more than 1 billion yuan. This is the first time that Dongguan Financial Control Group shines onto the capital market. It is of great significance for the Group to enhance its value, deepen its market influence, expand its popularity and consolidate its good image.

The issuance of bonds is mainly underwritten by Zheshang Securities. Dongguan Securities acts as a co-principal underwriter. Upon approval, it can publicly issue corporate bonds with a total face value not exceeding 1 billion yuan to qualified investors. Bonds are issued by stages.

As a platform for Dongguan Municipal Government to integrate municipal financial equity, Dongguan Financial Control Group has been established for more than three years. With the overall development idea of "finance + industry", it has focused on promoting the integration and coordinated development of local financial resources, improving the local financial industry chain, effectively serving the transformation and upgrading of real economy and industry, so as to provide infrastructure construction, urban renewal and transformation, and industrial park construction for Dongguan Municipal Government. Major projects such as the provision of full-chain financial services.

By the end of 2018 (consolidated statement caliber), the total assets of the company were 13.426 billion yuan, total liabilities were 3.044 billion yuan, owner's equity was 10.422 billion yuan, and net profit was 540 million yuan. Subordinate holding companies include 16 Dongguan Bank, Dongguan Trust, Dongguan Securities, Hualian Futures, Dongguan Asset Management Company, etc. Subsidiary companies cover banking, trust, futures, securities, asset management, industrial investment, equity investment funds, etc. Seven managed funds, with a total scale of 7.179 billion yuan, 16 managed funds have invested in enterprise projects, and the amount of foreign investment exceeds 1.2 billion yuan. The company has entered a new stage of accelerated development.

Next, Dongguan Financial Control Group actively promotes its smooth issuance, will further plan flexible and diverse financing methods, strive to expand financing channels, lay a good foundation for the group to optimize the financing structure and sustainable development, strive to create a new chapter of high-quality development of the Group, and make greater contributions to the construction of quality Dongguan!