Citic Securities announced today that the company has sold Citic's 53% per cent stake in the Beijing financial assets Exchange, at a price of 8.586 billion yuan. Among them, Beijing state-owned Capital center by 45% of the equity, become Citic Investment in the first major shareholder. The announcement showed that Citic built 53% stake in the recipient of the Beijing state-owned Capital Management Center and the century Jinyuan Investment Group Limited. The former at a price of 7.29 billion yuan, by letting Citic Investment securities 45% of the stake, the latter to 1.296 billion yuan in price, by the Citic Investment securities to invest 8% of the equity. After the transfer of equity, Citic Securities still hold a 7% stake in Citic Investment. Citic Securities said that the company will be in accordance with the mandate of the shareholders ' meeting, with the above-mentioned interests of the transferee to sign the transfer agreement and other relevant documents, and assist in the transfer of equity related procedures.
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