Pri­vate eq­uity firm in land­mark third-board list­ing

China Daily (Canada) - - BUSINESS -

Bei­jing Tongchuangji­ud­ing In­vest­ment Co has be­come the first pri­vate eq­uity com­pany to be listed on the Na­tional Eq­ui­ties Ex­change and Quo­ta­tions, ac­cord­ing to the third board. The com­pany is­sued shares to 142 in­vestors for fi­nanc­ing of 3.5 bil­lion yuan ($561.1 mil­lion). Af­ter in­sur­ance, the cap­i­tal­iza­tion of the firm will to­tal 18.3 mil­lion shares, and to­tal as­sets will be 4.2 bil­lion yuan.

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