2024-11-18 10:49:08
Author: China Renaissance Holdings Limited / 2023-07-23 20:25 / Source: China Renaissance Holdings Limited

China Renaissance Makes Trading Debut on Main Board of HKEX

HONG KONG,Sept. 27,2018 --China Renaissance Holdings Limited ("China Renaissance" or the "Company",Stock code: 1911),a leading investment banking and investment management firm dedicated to China's new economy businesses,commenced trading on the Main Board of the Stock Exchange of Hong Kong Limited ("HKEX") today.

China Renaissance Makes Trading Debut on Main Board of HKEX


Mr. Fan Bao,Founder,Chairman,Executive Director and Chief Executive Officer of China Renaissance (in the left) and Mr. Kevin XIE,Co-founder & Head of Healthcare Advisory hitting the Gong at the listing ceremony

China Renaissance Makes Trading Debut on Main Board of HKEX


China Renaissance and the officiating guests,together with Mr. Charles Li,CEO of the HKEX are witnessing the successful public debut of China Renaissance at the listing ceremony

Officiating and other distinguished guests,including Mr. Charles Li,CEO of Hong Kong Exchanges and Clearing (HKEX),Mr. Neil Shen,Founding and Managing Partner of Sequoia Capital China,Mr. Eric Li,Founder of Chengwei Capital,Mr. Cong Lin,Chairman of ICBC International and Mr. Sean Ma,Founder and Chief Investment Officer of Snow Lake Capital,alongside with the Company's management team attended the listing ceremony of China Renaissance to witness this momentous occasion. China Renaissance started trading at HKEX following the hitting of the gong by the Company.

As a leading investment banking and investment management firm serving the China New Economy and entrepreneurs,China Renaissance strives to discover best-in-class entrepreneurs and businesses and to provide advisory and capital markets services and investment through all phases of their development. Sinceits establishment 13 years ago,China Renaissance has always revered the entrepreneurs that aim to change the Chinese economy. Along with the gradual development of the network of entrepreneurs and investors,China Renaissance plays an important role in supporting capital flowing into the leading new economy companies,and executing material transactions that lead the industry trend. China Renaissance also persists in providing all-rounded capital support to the development of Chinese new economy companies. This strategy is why China Renaissance is called "The Unicorn Maker". At the moment,China Renaissance is involved in many forward-looking industries of the new economy,including internet,healthcare,new retail,culture & entertainment,Artificial intelligence (AI),big data,technology,automobiles and smart devices.

Mr. Fan Bao,Executive Director and Chief Executive Officer of China Renaissance said,"Today,the successful listing of China Renaissance marks a major anticipated milestone of our business and embraces the prosperous development of China New Economy. We will continue to commit to our responsibilities and leverage the opportunities given to us by this era through nurturing Chinese entrepreneurs and better serving the China New Economy. We have received overwhelming support from investors from Hong Kong and all over the world and we wish to express our sincerest gratitude for their trust and support. We are also extremely grateful to those entrepreneurs and allies who grew alongside China Renaissance in recent year. We strongly believe that the 'China New Economy',which is driven by technology and innovation,will become the fundamental growth engine for Chinese economy in the next five years. It will account for one-third of the total Chinese economy size. By then,these will create huge potential market opportunities for China Renaissance as the financing demands will grow exponentially in order to sustain such rapid market development. As a listing company,we will speed up our development pace while facilitating more Chinese entrepreneurs,so as to continuously foster more unique technological and innovative giants in the future."

Leveraging the unique business model and leading position in the New Economy sectors,Ant Financial,LGT (LGT Group Foundation) and Snow Lake Funds are the three cornerstone investors of China Renaissance. During public offering,China Renaissance attracted many well-known international and local institutional investors to subscribe,including PICC Group,Coatue Management LLC,Sunshine Insurance Group,Keywise Capital,as well as the Capital Group,which is one of the largest and most experienced asset management companies. In addition,with the subscription of JD Finance,Hillhouse Capital Group and the Ontario Teacher Retirement Foundation (OTPP),which is the largest single-type specialized retirement fund in Canada,institutional investors have optimism and confidence in China Renaissance,as well as the long-term prospects and development of the new economy.

About China Renaissance Holdings Limited

China Renaissance Group ("CR Group") is a leading financial institution that combines private placement advisory,M&A advisory,securities underwriting,research,sales and trading,investment management and other financial services. Providing one-stop financial services across mainland China,Hong Kong and the United States,CR Group operates a competitive and unique international network that connects China's capital markets with the rest of the world,serving new economy entrepreneurs and investors globally.

CR Group has offices in Beijing,Shanghai,Hong Kong and New York,with approximately 600 employees. As of March 31,2018,we had advised on approximately 700 transactions worth over US$100 billion since our inception,and we had AUM of approximately US$4.1 billion in new economy investments.


China Renaissance Makes Trading Debut on Main Board of HKEX

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