China Minmetals successfully completed its material reorganization of financial assets and supporting fundraising.CICC has successfully acted as Independent Financial Advisor and Joint Lead Underwriter in this project. In the transaction, Kingray New Materials Science & Technology Co., Ltd. (stock code: 600390) issued shares to China Minmetals Co., Ltd. to purchase 100% interest in Minmetals Capital Holdings Limited (“Minmetals Capital”) and issues shares to Shenzhen Jinniu Investment (Group) Co., Ltd. and other 6 companies to purchase interest in Minmetals Capital’s subsidiaries with financial service licenses, namely Minmetals Securities, Minmetals Futures and Minmetals International Trust, with a consideration of ~RMB 18.5 Bn; it simultaneously raised RMB 15 Bn by issuing shares to 10 specific targets, namely CSCL, HwaBao Securities, CSC Capital Holdings, Ping An Real Estate, First Seafront Fund, Yihe Yinfeng, China Merchants Wealth, China Merchants AM, CITIC Securities and Aegon-Industrial Fund.

As the only financial holding platform under China Minmetals, the largest metal conglomerate in China with the strongest global presence, Minmetals Capital has gradually set up a fully-licensed business layout with major focus on securities, futures, trust, financial leasing, commercial banking and funds. Under Minmetals Capital, Minmetals Securities enjoys a full-service license as a securities house with strong innovation capabilities and remarkable growth and it has witnessed YoY growth of 98% and 312% in terms of revenue and net income in 2015, well above the industrial average. Minmetals Futures is one of 20 AA-rated futures companies in 2015 with a leading position in metal futures business and it is also a first mover among futures companies to expand into asset management and risk management. Minmetals International Trust is a leading trust firm with its key financials such as trust business revenue, operating income and net income ranking top 15 among 68 trust firms nationwide, and it is positioned in the top tier. As the first financial leasing company in China and one of a limited number of leasing companies titled with China, China National Foreign Trade Financial & Leasing enjoys quality customer resources with more than 80% customers rated AA or above.