Wanlian**, which has a net worth of more than 11 billion yuan, is launching a big move to publicly solicit investors, and plans to increase its capital by no more than 6 billion yuan, of which the controlling shareholder Guangzhou Financial Holding intends to contribute no less than 2 billion yuan. As the only municipal state-owned securities firm in Guangzhou, Zhang Yifeng, president of Wanlian**, recently said that Wanlian ** is implementing the "345" development strategy, striving to increase capital by 6 billion yuan, restart IPO, and achieve listing and capital increase in 2025, and finally realize the ideal blueprint of "building a first-class Class A listed brokerage in the Bay Area". The Southern United Property Rights Exchange Center recently disclosed that Wanlian ** intends to increase its capital through the issuance of new shares, and the proposed issuance of new shares does not exceed 254.9 billion shares, each yuan (share) of new registered capital subscription** not less than (including) 23543 yuan;Based on this calculation, the total amount of funds to be raised this time will reach 6 billion yuan. Among them, Guangzhou Financial Holding Group, the controlling shareholder of Wanlian**, hereinafter referred to as "Guangzhou Financial Holding") intends to subscribe for no less than 8 new shares5 shares, with a capital contribution of not less than 2 billion yuan, and the corresponding shareholding ratio after the capital increase is not less than 4438%。In addition, Wanlian ** intends to publicly solicit 1 or more strategic investors, and the total subscription of new shares by strategic investors does not exceed 169.9 billion shares, corresponding to a shareholding ratio of no more than 1998%。Among them, a single strategic investor subscribed for no less than (including) 2123 new shares770,000 shares, with a minimum of not less than (including) 025%。
Wanlian ** currently has 4 shareholders, in addition to the controlling shareholder Guangzhou Financial Holdings, there are 3 companies including Guangzhou Guangyong State-owned Assets Management *** Guangzhou Development Zone Investment Group *** Guangzhou International Trust and Investment Company. Before this capital increase, the total number of shares held by the four shareholders was 595.4 billion shares, with an owner's equity (net assets) of 113 at the end of 2022600 million yuan, corresponding to net assets per share of about 191 yuan. The capital increase is **2 per share3543 yuan, the corresponding price-to-book ratio PB is about 123 times.
Wanlian ** The funds raised this time are mainly used to increase the company's capital. According to the information of the capital increase project, Wanlian will be guided by its own strategic planning, unified management and allocation of expanded capital, expand business scale, supplement the company's working capital, optimize the business structure, and improve the company's market competitiveness and anti-risk ability. Specifically, the funds raised by Wanlian ** this time are mainly used in the following aspects: fixed income, wealth management, equity investment, asset management, public offering**, investment banking, information technology, etc. It is understood that in the first three quarters of 2023, Wanlian will achieve operating income of 121.3 billion yuan, a year-on-year increase of 39%;Net profit was 37.1 billion yuan, a year-on-year increase of 105%. For the performance of the first three quarters of 2023, Wanlian ** said that the company's four major business lines have implemented the work policy of "strengthening wealth, optimizing self-management, expanding asset management, and refining investment banking", and wealth and self-operated business have played the role of ballast and stabilizer. Among them, the wealth business achieved operating income of 64.2 billion yuan, the number of customers reached a record high;Self-operated business achieved revenue51.5 billion yuan, a year-on-year increase of 868%. Editor: Xiaomo Review: Muyu