Changan Fund Losses For A Number Of Years: US State Clothing "Perfect" Get Away

< p > small and medium-sized public offering fund < a href= "http://sjfzxm.com/news/index_f.asp > > management < /a > the survival difficulty of the company has become the consensus of the industry.

For those shareholders who had gone into the public offering industry in those days, they had to "sell their stocks" and sell the shares that they had not easily obtained.

In the evening of August 11th, 002269.SZ announced that it would pfer its 33% stake in the Changan fund with its original investment of 66 million yuan.

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< p > < strong > Mei Bang dress "perfect" away from < /strong > < /p >.

< p > in the beginning of May this year, the state of the United States and costumes 2013 performance briefing meeting, the United States and the State Council costumes, Tu Ke has publicly stated that it intends to sell shares held by the Changan fund to concentrate on the main business.

With the announcement of the evening of 11, the party finally came to the surface.

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< p > the US bond clothing announcement said the company pferred 60 million shares of the Changan fund and the paction price was 66 million yuan.

According to the latest audited financial statements of the Changan fund, its net assets per share is 0.61 yuan. According to this calculation, the share pfer price is 1 yuan per share net asset and the premium rate is 39%.

Mei Bang apparel said that the paction price took into account the operation status, development prospects and initial investment of Changan fund.

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< p > > a href= "http://sjfzxm.com/news/index_f.asp" > Mei Bang dress < /a > indicates that the equity pfer is mainly aimed at further optimizing the allocation of financial resources of the company. Its trading amount is smaller than that of the company's net assets and will not have a significant impact on the company's main business, financial position and business results.

In fact, the data show that 33% of the Changan fund stake in the United States and the United States to obtain the total amount of investment is 66 million yuan, so calculated, the United States and Changan clothing fund investment in the fund although it has not made money, but still achieve perfect separation.

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< p > the counterpart is Shanghai Heng Jia Mei Lian development limited company (hereinafter referred to as "hang Jia Mei Lian").

Statistics show that the registered capital of the company is 600 million yuan, which covers a wide range of businesses, including the import and export of all kinds of goods and technologies, computer hardware and software and its network engineering, electronic, electronic commerce, system integration technology, information processing technology, "four skills" services, and even real estate development and operation.

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< p > reporter access to information found that although the scope of its business for the financial industry did not dabble, but the constant Jia Mei Lian for China's asset management industry is not new.

Heng Jia Mei is also a shareholder of the civil insurance company limited, which owns 20% of the civil insurance company limited.

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< p > < strong > small and medium sized fund companies have difficulty in survival < /strong > < /p >

< p > despite the fact that Smith Barney sells its sale to Changan fund as "optimizing the company's financial resources", it seems to the industry that the embarrassing situation that Changan fund has not "weaned" and sustained losses since its establishment is the key to US bond's rushing out.

In fact, this is also a true portrayal of the withdrawal of shareholders from the increasingly difficult life of small and medium-sized public fund management companies.

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< < p > > a href= > http://sjfzxm.com/news/index_f.asp > > Data < /a > shows that in December 8, 2009, the United States signed an agreement with the Xi'an International Trust Co., Ltd., ordnance equipment group finance limited liability company, with the registered capital of 100 million yuan, of which the total investment of the US state dress was 33 million yuan, accounting for 33% of the registered capital. At the end of 2012, shareholders injected funds for the Changan fund, registered capital increased from 100 million yuan to 200 million yuan. After the capital increase, the proportion of Changan's trust shares fell to 40%, and the United States State clothing still accounted for 33%, and the new venture shareholder Shanghai Panshi Investment Co., Ltd. accounted for 18% of the total registered capital, and the proportion of weaponry and equipment group dropped to 9%.

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< p > however, contrary to the lofty sentiments of the time when it was first established, Changan fund has been in a state of loss since its establishment in September 2011.

According to the annual financial reports of Smith Barney, Changan fund's operating income in 2011 was only 1 million 170 thousand yuan, which was 26 million 980 thousand yuan a year. In 2012, the Changan fund's operating income was 5 million 480 thousand yuan, and it lost 33 million 100 thousand yuan in that year. In 2013, the Changan fund's operating income was 61 million 980 thousand yuan, and the loss was 16 million 290 thousand yuan in that year.

According to the 2013 annual report of Smith Barney's clothing, as of the end of 2013, the value of the Changan equity fund held by Smith Barney was only 46 million 160 thousand yuan, which shrank by nearly 1/3 compared to the initial investment of 66 million yuan.

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< p > a fund industry in Shanghai said in an interview with reporters that the profit and loss mode of the public fund raised by drought and flood has made many industrial capital actively participate in the establishment of the fund company. However, with the increasing frequency of the issuance of public funds by the regulatory authorities, the survival of the newly established public fund management company has become increasingly difficult and the exit is a normal phenomenon.

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< p > actually, many shareholders of public fund management companies have pferred their shares since the beginning of this year.

For example, the Western securities pferred the 49% stake of NYSE Western fund. After that, the original shareholder of Shanghai Wanshi company, Shenzhen Jiu Hang company and the Shenzhen aviation investment company, respectively pferred the 20% equity interest of the company to the international industrial company.

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