Core Viewpoint - Zhongtai Securities has successfully completed a private placement of 6 billion yuan, significantly enhancing its capital strength and attracting investments from various institutional investors, including its controlling shareholder, Zaozhuang Mining Group [2][3]. Group 1: Fundraising Details - The private placement involved issuing 996.68 million shares at a price of 6.02 yuan per share, raising nearly 6 billion yuan [2]. - The controlling shareholder, Zaozhuang Mining Group, subscribed for approximately 2.165 billion yuan worth of shares, with a lock-up period of 60 months [3]. - Other investors include public funds, private funds, and securities asset management companies, all with a lock-up period of 6 months [2][3]. Group 2: Use of Proceeds - The net proceeds from the fundraising will be used to increase the company's capital, focusing on alternative investment, bond investment, market-making, and wealth management businesses [2][5]. - Specific allocations include up to 1.5 billion yuan for information technology and compliance risk control, up to 1 billion yuan each for alternative investment and market-making, and up to 500 million yuan each for purchasing government bonds and wealth management [4][5]. Group 3: Financial Impact - Following the fundraising, Zhongtai Securities' net assets and net capital are expected to increase significantly, with the company's net assets reported at 42.335 billion yuan and net capital at 27.272 billion yuan prior to the placement [5]. - The private placement is part of a broader trend in the brokerage industry, with several firms, including Tianfeng Securities and Nanjing Securities, also pursuing similar fundraising efforts this year [5].
60亿!中泰证券再融资完成