With the May 22 China Securities Regulatory Commission issued "issued new shares of the four reform measures in the reform (public draft)", IPO to restart the countdown began. According to the spokesman said, to seek the views of the end and after the official release, that will restart the IPO.
Over the company in China to be financing the construction the maximum amount, some organizations have predicted the scale of construction is expected to finance more than 40 billion yuan. Last year will have passed in June on the construction of China is expected to resume this year after the IPO of the first batch of the company.
Recently, the China Construction Company Limited孟庆禹the Secretary of the Board of Directors, said: "We will certainly be positive for the first post-IPO market to resume."
than expected last year
financing the largest IPO
China Construction Company Limited (referred to as Chinese Architecture) from China State Construction Engineering Corporation, China National Petroleum Group company, Baoshan Iron and Steel Group Co., Ltd., China and other Group 4 of the World co-sponsored by 500 companies in December 10, 2007 was formally established, the main business areas such as housing construction, international project contracting, real estate development and investment , infrastructure construction and business investment and the design of surveys.
2008 years 6 5, the China Securities Regulatory Commission in 2008 held its 78th issue of the work of audit committee meetings to examine the China Construction Company Limited and Shanxi Natural Gas Co., Ltd. the first application.
2008 years 6 on 6, China Construction Company Limited announced that the company successfully passed the China Securities Regulatory Commission issued audit, will soon visit the A-share market. Its plans to issue 12 billion shares A shares, some organizations have predicted the scale of construction is expected to finance more than 40 billion yuan, will be issued to complete the transaction in the Shanghai Stock Exchange, since 2008 the largest A-share market of the IPO.
However, since September 2008 closing of the IPO, the largest last year, China Construction Company Limited has not successfully landed A-share market.
China Securities Regulatory Commission building have been received on the notice of the resumption of a number of IPO's the case? Board of Trustees of the Office of China Construction Company Limited of a staff member told our reporter, and now they have not received all of their监管层notice监管层have to wait for news.
to raise funds for the most
residential development and investment in infrastructure
Chinese Architecture The IPO, the size of the financing will create the fifth largest share of financing A scale, second only to China National Petroleum, China Shenhua, China Construction Bank and Industrial and Commercial Bank of China. Statistics show that China's construction is the largest integrated real estate enterprise architecture group, developing countries and the largest multinational construction company, as well as the world's largest providers of residential construction, operating results and profitability for many years among the best in the industry.
2006 construction in China's domestic construction business turnover of state-owned construction enterprises nationwide to complete 11% of output value, the completion of the construction area of the domestic state-owned construction enterprises about the completion of the national total of 1 / 4.2007 year, the company Housing construction business revenues and profits for the division of 1,352 billion and 37.2 billion yuan, accounting for total revenue and total profits of the division of 79.5% and 36.3%, respectively, than the 21.1 percent growth in 2006 and 45.9%.
this issue A shares to raise funds after deducting the cost of issue for the following purposes, 1, about 9.6 billion project for a major engineering contracting liquidity; 2, about 80 billion for general residential real estate development projects; 3, about 70 billion for the purchase of construction machinery and equipment; 4, about 11.4 billion for investment in infrastructure projects; 5, about 6 billion for steel processing base project; 6, about 60 billion in liquidity for the company added.