Introduction

At the frontier of China’s economic evolution

Our Investment Banking Department (IBD) is committed to establishing a long-term partnership of mutual trust and benefits with high profile clients, including central state-owned enterprises, local state-owned enterprises, private enterprises and multinational companies. Adhering to our client-oriented principles, we strive to create value for all clients through a full range of first-rate financing solutions and financial advisory services, based on our profound insights in China and our franchise.

Since its inception, CICC IBD has been at the frontier of China’s economic evolution. We have supported the execution of China’s national strategies and embraced historical opportunities, including comprehensive registration-based system reform, mixed ownership reform, supply-side reform, the Belt and Road Initiative and the development and opening up of China’s capital market. By continuously refining our financial expertise, we have closed a broad range of deals covering the industries of finance, energy, military, transportation and construction, as well as new sectors such as TMT, medical and pharmaceuticals, high-end manufacturing and consumption.

As China’s economy enters a new era, the private sector led by innovative entrepreneurs is gradually becoming an essential driver of the economy. In response to new clients seeking financial services, the Growth Enterprises Investment Banking Department (GI) is dedicated to comprehensive and sophisticated capital market activities for privately held enterprises and growth enterprises. Industry groups are committed to exploring opportunities in emerging industries, increasing our local presence and strengthening our global network. We have also established a debt restructuring management group to provide assistance for the government and enterprises to resolve risks.

IBD’s Business Scope

We strive to provide best-in-class investment banking services, which include equity financing, debt and structured financing, and financial advisory services:

Equity financing services

Initial public offerings and follow-on offerings in both domestic and international capital markets, including the Main Board, Science and Technology Innovation Board (STAR Market), Growth Enterprise Board and National Equities Exchange and Quotations

Debt and structured financing services

We mainly provide our customers with all-round fixed-income products in domestic and international capital markets, including corporate bonds, enterprise bonds, non-financial enterprise debt financing instruments, financial bonds, asset-backed securities, government-backed agency bonds, local government bonds, convertible bonds, exchangeable bonds, preferred stocks and other structured products.

Financial advisory

Services in important areas such as strategic industry reorganization and integration, state-owned enterprise reorganization and mixed ownership reform, market-oriented mergers and acquisitions of private enterprises, Chinese companies “going out” and “bringing in”, and “Belt and Road” investment. Our corporate financial advisory services include A-share company restructuring, mergers and acquisitions of private companies, debt restructuring and private placement financing, covering major domestic and overseas capital markets. The company’s professional execution capabilities in the field of mergers and acquisitions have also been widely recognized by the industry. Our debt restructuring services achieved full coverage of the commendation projects recognized by the Supreme People’s Court in 2021.

2021 IBD Performance Highlights

No.1

Growth Enterprise Board Equity Financing

Scale of Financing and Number of Sponsors of Hong Kong IPO

Overseas Debt Financing of Chinese Enterprises

Green Corporate Bonds

Financial Advisory of China M&A Market

Chinese Investment Banks for China’s Cross-border M&A Market

Scale of Privatization Deals of Hong Kong Listed Companies

World’s No.1

Global IPO Financing of Chinese Companies

No.2

A-Share IPO

A-Share Refinancing

Domestic Asset-Backed Securities