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16 Guijin 02: Guangxi Financial Investment Group Co., Ltd. on the strategic reorganization with Guangxi Investment Group Co., Ltd.

Time: January 9, 2020 14:20:31 China Finance
Original Title: 16 Guijin 02 : Announcement of Guangxi Financial Investment Group Co., Ltd. on the Strategic Reorganization with Guangxi Investment Group Co., Ltd.


Bond code: 122443.SH Bond abbreviation: 15 Guijin Bond

Bond code: 139272.SH/1680439.IB Bond abbreviation: 16 Guijin 02/16 Guijin Investment Bond 02

Bond code: 127623.SH/1780280.IB Bond abbreviation: 17 Guijin Bond / 17 Guijin Investment Bond

Bond code: 150113.SH Bond abbreviation: 18 Guijin 01

Bond code: 150251.SH Bond abbreviation: 18 Guijin 02

Bond code: 150305.SH Bond abbreviation: 18 Guijin 03

Bond code: 101801561.IB Bond abbreviation: 18 Guijin MTN001

Bond code: 151079.SH Bond abbreviation: 19 Guijin 01

Bond code: 151329.SH Bond abbreviation: 19 Guijin 04

Bond code: 011901057.IB Bond abbreviation: 19 Guijin SCP001

Bond code: 162238.SH Bond abbreviation: 19 Guijin 05

Bond code: 162413.SH Bond abbreviation: 19 Guijin 07

Bond code: 011902941.IB Bond abbreviation: 19 Guijin SCP002





Guangxi Financial Investment Group Co., Ltd.

Announcement of implementation of strategic reorganization

All directors of the company or persons with equivalent responsibilities guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume corresponding legal responsibility for the authenticity, accuracy and completeness of their contents.




I. Basic information

(I) Recently, the General Office of the Party Committee of Guangxi Zhuang Autonomous Region (hereinafter referred to as the "autonomous region") and the General Office of the People's Government of the People's Government issued the "Strategic Reorganization Plan of Guangxi Investment Group Co., Ltd. and Guangxi Financial Investment Group Co., Ltd." to deepen the state-owned enterprises of the autonomous region. Reform, further optimizing the state-owned economy layout and structural adjustment, integrating the financial assets of the autonomous region, and achieving the high-quality development goal of financial capital, Guangxi Investment Group Co., Ltd. (hereinafter referred to as “Guangtou Group”) and Guangxi Financial Investment Group Co., Ltd. (hereinafter referred to as “Gold Investment Group "," the Company "and" Company ") implemented a strategic reorganization, the company reorganized into the Guangtou Group as its wholly-owned subsidiary, and injected the audited net assets of the Jintou Group into the Guangtou Group on December 31, 2018 , Increase the registered capital of Guangtou Group in a timely manner. Guangtou Group accelerated the integration of internal financial assets, and gradually reorganized and integrated the assets and business of Jintou Group to form a financial holding group. The autonomous region will support the increase of the registered capital of Jintou Group by 1.5 billion yuan and the establishment of a financial holding group to apply for other financial licenses such as financial holding companies.


(II) Functional positioning: Guangtou Group is positioned as the state-owned state-owned capital investment company in the autonomous region.


At the same time as the market competition, undertake strategic strategic investment tasks of the autonomous region, actively promote the transformation and upgrading of traditional industries, actively cultivate and develop emerging industries, and lead the high-quality development of autonomous regions' industries. At the same time, after reorganization and integration,
For the time being, the relatively independent and complete operation of the Golden Investment Group will be maintained. Guangtou Group will accelerate the integration of internal financial assets and gradually integrate with the assets and business of the Golden Investment Group to create a state-owned financial holding group with complete licenses, resource coordination, business linkage, and risk isolation.


(3) Progress of reorganization:
On December 31, 2019, the People's Government of Guangxi Autonomous Region announced a strategic reorganization decision. On the same day, the General Office of the Party Committee of the Guangxi Autonomous Region issued the "Guangxi Investment Group Co., Ltd. and Guangxi Financial Investment Group Co., Ltd. Strategic Reorganization Plan" (the Department issued [2019] 149 No.), to substantially advance strategic restructuring.

Registration of business changes for this reorganization has not yet been processed.


Impact analysis

Through corporate reorganization and integration, the strength of Guangtou Group and Jintou Group will be further enhanced. After reorganization and integration,
Guangtou Group will own banks, securities, insurance (property and life insurance), public funds, futures, financial leasing,
Financial licenses such as financial management, equity transactions, financial leasing, gold investment, equity funds, guarantees, small loans, pawns, etc., and then become one of the local enterprises with the most complete financial licenses in the country, effectively enhancing the competitiveness, innovation, and control of state-owned capital. We will strengthen our ability to prevent and resolve financial risks and promote the healthy development of the local financial industry in the autonomous region.


This strategic reorganization will not have a significant impact on the company's daily operation management and debt repayment ability.


Response measures

The company will actively communicate with competent authorities to properly handle matters related to this strategic reorganization and integration.
According to the final approval of the reorganization work plan, do a good job of registration of changes in industry and commerce. The company will strictly follow the “Shanghai Stock Exchange Corporate Bond Listing Rules”, “Guidelines for the Information Disclosure Format of Corporate Bond Interim Reports”, “Administrative Measures for Debt Financing Instruments of Non-Financial Companies in the Interbank Bond Market”, and Relevant requirements such as the Information Disclosure Rules for Corporate Debt Financing Instruments, do a good job in the relevant information disclosure during the bond's duration, and promptly announce the progress of this strategic reorganization. Investors are invited to pay attention.


Special announcement.


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