CCCC A-share IPO wins Thompson Reuters Award
OREANDA-NEWS. October 02, 2012. CCCC’s A-share IPO has won Thompson Reuters 2012 IFR (International Financing Review) China Annual Best Equity Financing Award. Executive Director and Financial Controller Fu Junyuan received the award on behalf of CCCC in Beijing, reported the press-centre of CCCC.
This year’s selection organized by IFR China came as its first edition targeting the RMB capital market. The event is aimed to award outstanding institutions and cases in the RMB capital market.
After receiving the award, Fu said CCCC’s A-share IPO used the plan of returning to the A-share market by combining “fund raising and merger by absorption”. The plan is an innovative plan with the most complex transaction structure among all A-share IPO projects. CCCC innovatively made open inquiries in conversion pricing,? introduced the strategic placement mechanism in fund raising and created a “CCCC mode” of merger by absorption and fund raising in the A-share capital market.
The award is an acknowledgement of CCCC’s basic work, innovation and enterprising spirit. CCCC will, upon strength of the two domestic and overseas direct financing platforms, keep going, make innovation and step up efforts to develop into an internationally competitive enterprise and reward investors amply.
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