Yangzijiang Financial Holding Ltd. successfully listed on Singapore Exchange

On April 28, 2022, Yangzijiang FinancialHolding Ltd. (hereinafter referred to as Yangzijiang Financial Holding,securities abbreviation: YZJFH, stock code: YF8) was successfully listed on themain Board of Singapore Exchange Limited.

The listing ceremony of YangzijiangFinancial Holding was held by the main venue of Singapore Stock Exchange,Jiangyin branch venue and Jingjiang branch venue via cloud live broadcast. At13 o 'clock, guests at the SGX, Jiangyin and Jingjiang venues played a gong forthe listing of Yangzijiang Financial Holding to celebrate this historic moment. 

Yangzijiang Financial Holdings Ltd. (hereinafterreferred to as "Yangzijiang Financial Holding") was incorporated inSingapore by Yangzijiang Shipping Holdings Ltd. (hereinafter referred to as"Yangzijiang shipbuilding" on December 14, 2021, and was 100% ownedby Yangzijiang Shipping in the initial period of establishment. At present, the assets of Yangijiang Financial Holding reached 20billion yuan. It mainly seeks investment returns and realizescapital appreciation through multi-faceted and all-round global investmentdeployment. The main investment forms include but are not limited to equity anddebt invested in the global market by means of fund investment, equity and debtdirect investment business, equity restructuring and debt restructuring oflisted companies and other special opportunity projects.

“As theworld's fourth largest international financial and Trade Center, Singapore hasunique advantages in terms of geographical location, financial market, humanresources and capital allocation. With the rapid opening of China's financialdoor and capital market, we firmly believe that the trend of globalization willnot change. Therefore, this time, we still choose the Singapore Exchange Limitedfor the spin-off listing. This is our firm choice to adapt to the developmentand welcome the era of cooperation and win-win.”Inthe future, we will introduce senior professional background and rich workingexperience team, leading Yangzijiang Financial Holding to expand overseasbusiness and realize investment diversification so as to develop YangzijiangFinancial Holding into a new source of growth and new highland of cooperationfor the group.It willalso play a role in the mutual financing and exchange of the capital marketsbetween China and Singapore and realize regional cooperation in the capitalmarket. In the future, with the Chinese government issuing the policy ofChinese enterprises listed overseas to use depositary receipts to be split andlisted A-shares in China, we will arrange in advance and try to be listed onthe Shenzhen and Shanghai Stock Exchange in the form of depositary receipts, soas to facilitate the domestic public to share the dividends brought by thesteady development of Yangzijiang Shipbuilding.” said Ren Yuanlin , Chairman ofYangzijiang Financial Holding, referring to the listing.