Recently "CCCC CMB Road & Bridge
Fund", a fund management platform under CCCC Fund, has delisted its 85%
stake in the four project companies of Fengdu-Fuling Highway (Chongqing),
Fengdu-Shizhu Highway (Chongqing), Tongliang-Hechuan Highway (Chongqing) and
Guangzhou-Gaoming Highway (Foshan), placing the raised fund of 2,650 million
yuan in full.
To explore assets cultivation, development and integration, and
enhance assets value, CCCC Fund and CCCC Asset Management Co., Ltd. initiated
"CCCC CMB Road & Bridge Fund" in association with the original
shareholders of the project companies and financial institutions, with a scale
of 15,000 million yuan. In the mode of "industry + capital", the fund
will employ the resource advantage of related sides, focus on traffic
infrastructure such as road & bridge and port, to open a new path and build
a brand for liquidizing CCCC's operating assets.
By evaluating and combining
CCCC's operating assets, on the basis of introducing funds to invest in stock
highways, CCCCC Fund will promote assets transformation and upgrading to
optimize CCCC's financial structure.