The change of controlling shareholder of Zhongtai Securities was implemented.Recently, Zhongtai Securities announced that the CSRC approved the change of the company's major shareholders.After this agreement transfer and this free transfer are completed, the controlling shareholder of Zhongtai Securities will be changed from Laigang Group to Zaokuang Group, and the final actual controller of the company is still Shandong SASAC.
Zhongtai Securities announced that recently, the China Securities Regulatory Commission issued the "Reply on Approving the Change of Major Shareholders of Zhongtai Securities Co., Ltd.", approving Zaokuang Group and Shandong Expressway Investment Holding Co., Ltd. (referred to as "Highway Investment") as the company's major shareholders. Shanneng Group has become the actual controller of the company, and has no objection to the 2.273 billion shares of the company (accounting for 32.62% of the total shares) from Zaokuang Group and the 371 million shares of the company (accounting for 5.32% of the total shares) from Hi-Speed Investment.
After the completion of this agreement transfer and this free transfer, Zao Mining Group will hold a total of 2.273 billion shares of the company (accounting for 32.62% of the total shares), and Xinwen Mining Group Co., Ltd., acting in concert with it, will hold a total of 2.515 billion shares of the company. Shares (36.09% of the total shares), Laigang Group will hold 1.045 billion shares of the company (15.00% of the total shares), and Hi-Speed Investment will hold 371 million shares of the company (5.32% of the total shares).
On July 14, 2021, Zhongtai Securities issued the "Indicative Announcement Concerning the Strategic Reorganization of Shandong Iron and Steel Group Co., Ltd. and the Proposed Change of Shareholders of the Company", stating that the company's indirect controlling shareholder Shandong Iron and Steel Group Co., Ltd. (hereinafter referred to as "Shandong Iron and Steel Group") ”) notice that Shandong State-owned Assets Supervision and Administration Commission and China Baowu Iron and Steel Group Co., Ltd. are planning the strategic reorganization of Shandong Iron and Steel Group.This matter may lead to changes in the controlling shareholder of the company, but the actual controller of the company is still the Shandong SASAC, which has not changed.
On December 1, 2021, Zhongtai Securities announced that Laigang Group intends to pass the non-public agreement of 1.815 billion shares (accounting for 26.05% of the total shares) and 371 million shares (accounting for 5.32% of the total shares) of the company it holds. The transfer methods are transferred to the Zaokuang Group and Expressway Investment respectively.It is reported that in terms of price, the unit price of the subject shares transferred this time is 10.80 yuan per share, and the total transaction price is 19.602 billion yuan and 4.007 billion yuan respectively, totaling 23.609 billion yuan.In addition, Shanneng Group plans to transfer its 458 million shares (accounting for 6.57% of the total shares) to Zaokuang Group for free.
The change of Zhongtai Securities led to the change of the controlling shareholder of the company from Laigang Group to Zaokuang Group. However, since Zaokuang Group, Xinkuang Group, Laigang Group, Hi-speed Investment and Shanneng Group are all enterprises controlled by the State-owned Assets Supervision and Administration Commission of Shandong Province, therefore The actual controller of the company is still the State-owned Assets Supervision and Administration Commission of Shandong Province.According to the "Acquisition Report" disclosed by Zhongtai Securities on the evening of December 8, 2021, the purpose of this acquisition is to adjust the layout of state-owned capital and optimize the capital operation in Shandong Province according to the strategic deployment of the Shandong Provincial Party Committee and the Shandong Provincial Government. Platform management and resource allocation.
It is reported that Zhongtai Securities is a veteran securities firm in Shandong Province, formerly known as Qilu Brokerage, which was established on May 15, 2001.In December 2004, Qilu Brokerage changed its name to Qilu Securities.In September 2015, Qilu Securities completed its shareholding restructuring and changed to Zhongtai Securities.According to data from the China Securities Association, Zhongtai Securities ranked 16th and 19th in the industry in terms of total assets and net assets in 2021.According to the 2021 annual report of Zhongtai Securities, the annual operating income was 13.150 billion yuan and the net profit was 3.299 billion yuan, a year-on-year increase of 27.02% and 27.82% respectively.
According to public information, Zaokuang Group, the new controlling shareholder of Zhongtai Securities, owns coal, coking, rubber, electricity, commodity business and other industries.As of the end of 2020, the total assets of the Zao Mining Group were 70.583 billion yuan, and the net assets were 39.016 billion yuan.As of December 2021, Zaozhuang Group holds shares in a number of financial institutions, including Zaozhuang Bank, Zaozhuang Rural Commercial Bank, Shanghai Mid-Term Futures, China Credit Trust, Taishan Property Insurance, etc.
(Editor in charge: Guan Jing)
