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Multiple A-share firms strongly held by state-run investment institutions

BEIJING
2015-10-13 10:03

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Quite a few companies listed on China's Shanghai and Shenzhen bourses have seen national margin lender China Securities Finance Corporation Ltd. (CSF) and Central Huijin Investment Co., Ltd. listing among their Top 10 shareholders as indicated in their third-quarter financial reports released Tuesday.

These companies include Zhejiang Juhua Co., Ltd. (600160.SH), Guizhou Chitianhua Co., Ltd. (600227.SH) and Guangdong Baolihua New Energy Stock Co., Ltd. (000690.SZ) and Yantai Tayho Advanced Materials Co., Ltd. (002254.SZ).

Zhejiang Juhua posted 139 million yuan in net profits in the first three quarters of 2015, up 20.55 percent year on year.

By the end of September, CSF held 17.9 million shares in the company, representing 0.99 percent of its total stock capital.

Chitianhua recorded a net loss of 142 million yuan in the first nine months of the year. CSF and Central Huijin became new shareholders of the company in the third quarter with a stake of 0.46 percent and 0.15 percent of the total stock capital, respectively.

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