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Digital Certificate IPO Listed on Shenzhen Stock Exchange
2016-12-23

 

Beijing Certificate Authority held a ceremony for its initial public offering of A share and the listing on the growth enterprise market (short form for the stock: Digital certificate; stock code: 300579). Mr. YUE Peng, Chairman of the Board, Beijing State-Owned Assets Management Co., Ltd.(BSAM); Mr. ZHI Jun, BSAM President; Mr. XU Zhe, BSAM Vice President, Chairman of the Board of Beijing Certificate Authority; SUN Jing, BSAM Vice President, and main leaders from the Beijing Certificate Authority were present at the event. The listing was supported by competent bodies and relevant organizations. Mr. XUN Yongli, BSAM Deputy Inspector; LI Changping, Deputy Head of Haidian District; WANG Guangxue, Member of the Executive Committee, China Securities, Board Secretary together with other friends from all circles attended the ceremony. Mr. YUE Peng, XU Zhe and head of Beijing Certificate Authority co-rang the bell to open the market.

During the ceremony held for the listing, Mr. XUN Yongli, Mr. XU Zhe and WANG Guangxue delivered speeches respectively. Mr. XUN indicated that the successful listing of Beijing Certificate Authority represented that Beijing had scored great achievements in advancing securitization of state-owned capital, advancing mixed ownership reform of the municipal state-owned enterprises and it signified that BSAM had achieved major breakthrough in boosting combination of industry and capital market.

Mr. XU Zhe commented that Beijing Certificate Authority would accelerate product structure to optimize and boost industrial upgrading, elevate enterprise innovative capability, forge quality brand, maximize a win-win for customers, employees, society and stockholders.

Beijing Certificate Authority issued 20 million A shares for the initial offering, priced CNY 13.32. The opening price on 23 the first day was CNY 15.98; afterwards, it rose to CNY 19.18, a rise of 44%, the top limit for the first day.

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