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 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, we have established the Growth Enterprises Investment Banking Department (GI), which is dedicated to comprehensive and sophisticated capital market activities for privately held enterprises and growth enterprises. We have also established industry groups to explore opportunities in emerging industries, increased our local presence and strengthened our global network.

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, follow-on offerings and private placements in both domestic and international capital markets, including the Main Board, Growth Enterprise Board and National Equities Exchange and Quotations

Debt and structured financing services

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, and also high-quality investment banking services for entire product lines, including multi-currency high-grade bonds, perpetual bonds, capital instruments, convertible bonds, exchangeable bonds, asset securitization, rating advisory and debt restructuring.

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 and debt restructuring, 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.

2020 IBD Performance Highlights

No.1

China M&A Market

Chinese Investment Bank for Investment-Grade USD Bond Offerings by PRC-Based Issuers

Perpetual Bond Issuance to Financial Institutions

World’s No.1

Global IPO of Chinese Companies

Global Coordinator of Hong Kong IPO

M&A of Chinese Enterprises

No.2

A-Share IPO

A-Share Refinancing

Asset-Backed Securities

Chinese Investment Bank for Overseas Debt Capital Raising of PRC-Based Companies