Capital Increased by JD Capital to First PE Securities Trader JZ Securities

2014-10-20

After setting up China’s first PE public offering fund, JD Capital gained a securities trader license by increasing capital to JZ Securities, the first PE securities company in China.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital increased capital to Teemrise Securities6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital announced at the noon of October 20th that it has entered into Capital Increase Agreement with Teemrise Securities and would increase 360 million yuan to Teemrise Securities to take 51% of its shares.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Meanwhile, Teemrise Securities was renamed JZ Securities Co., Ltd. (JZ Securities).6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

After the capital increase, JD Capital, Guangzhou Securities (originally a major shareholder) and other three shareholders would take shares of 51%, 39% and 10% respectively.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital supports Jiuzhou Securities to apply for overall securities licenses6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

 “Securities industry has a huge development space with the rapid development of Chinese capital market. JD Capital’s current assets management business is complementary to securities business,” the relevant person of JD Capital said. JD Capital would break through the bottleneck during development, speed up business transform and leap-forward development and contribute to the Qinghai’s finance industry and economic development based on its resources and platforms.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

After the capital increase, JZ Securities’ business scope would range from securities brokerage, securities investment consultancy, fund consignment, securities trading and operation and other related financial consultancy businesses. It’s said that JZ Securities would apply for licenses of securities underwriting and recommendation, assets management, financing and securities loan after the completion of capital increase.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital’s net assets are about 10 billion yuan currently. With the exit of some projects under its management, it would invest more in JZ Securities. In future, JD Capital would increase much capital based on the requirements of business development and supervision of JZ Securities.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital said it’s striving to help JZ Securities develop into China’s leading securities agancy within 5 years based on its resources and financial support in capital and technology.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JZ Securities to focus on innovative development6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JD Capital said in an interview that JZ Securities would recruit more talents to join them. Besides its traditional business, it would develop securities breakage business, financing and securities loan business, securities underwriting business, etc.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

 “JZ Securities will break through traditional organizational structure and design suitable one based on customer demands, and reform its team incentive method in accordance with regulations and requirements of venture management,” a head from JD Capital said.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

JZ Securities is the first securities company controlled by a PE firm, which is expected to make innovations among the securities industry. Through the foundation of JZ Securities and JT Assets Management, JD Capital’s target to become a large-sized assets management group is more and more clear.6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


6Vr九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

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