- China Minsheng Banking Co., Ltd. (Exchange Ticker: SH600016, GICS code: 40101010), a member of S&P/CITIC 50 and 300 Indices will increase its free float shares from 1,876,364,325 to 2,912,921,807. This change is due to the following: (1) A conversion of convertibles that generates 62,460,665 new float shares; (2) Basing on the 1,938,824,990 float shares and 6,284,495,595 total shares, the company will execute its compensation plan on 26th Oct. according to the Full Circulation Scheme, distributing stock dividend to every shareholder at the ratio of 1.55 for 10 shares, meanwhile non-public shareholders will give out all the stock dividend allocated to them to public shareholders. These public shareholders will get 5.02416 shares for every 10 float shares, among which 1.55 shares come from the stock dividend plan, and the other 3.47416 shares from non-public shareholders. As a result, the company’s Free Float will change from 0.3016 to 0.4013, and the new total shares will be 7,258,592,412.
- Anhui Jianghuai Automobile Co.,Ltd. (Exchange Ticker: SH600418, GICS code: 25102010), a member of S&P/CITIC 300 Index will increase its free float shares from 223,004,197 to 311,567,860 due to the conversion of convertibles. Its Free Float will change from 0.4659 to 0.5493, and the new total will be 567,167,860.
- Inner Mongolian Baotou Steel Union Co.,Ltd. (Exchange Ticker: SH600010, GICS code: 15104050), a member of S&P/CITIC 300 Index will increase its free float shares from 482,217,532 to 517,660,741 due to the conversion of convertibles. Its Free Float will change from 0.3489 to 0.3652, and the new total will be 1,417,660,741.
- Anhui BBCA Biochemical Co.,Ltd. (Exchange Ticker ?? SZ000930, GICS code ?? 15101050), a member of S&P/CITIC 300 Index will increase its free float shares from 204,020,740 to 293,386,602 due to the conversion of convertibles. Its Free Float will change from 0.5206 to 0.6096, and the new total will be 481,260,810.
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About CITIC Securities
CITIC Securities Co., Ltd. is a subsidiary of CITIC Holdings, with core businesses in securities underwriting, brokerage, asset management, trading and investment consultation. By the end of 2004, CITICS' net assets reached over 5.4 billion RMB with 1,200 employees and 40 branch offices located in Mainland China. In the latest Asia Money ranking of domestic financial institutions in key Asia-Pacific markets, CITIC Securities ranked No.1 among all Chinese securities firms. The company undertook an initial public offering of 400 million A-shares towards the end of 2002 and was listed on the Shanghai Stock Exchange on January 6, 2003. www.citics.com
