Zhangjiangko 16 million to build Shanghai equity Trusteeship Trading Center

Zhangjiangko (600895) The Sunday evening announcement said the board of directors had passed a motion on investing in the establishment of the Shanghai Equity Trust Trading Center, Inc. According to the motion, the company intends to contribute 16 million yuan to participate in the formation of Shanghai Equity Trust Trading Center Co., Ltd. (provisional name, subject to the name of industrial and commercial approval). The newly established Shanghai Equity Trust Trading Center Co., Ltd. is to be registered in Zhangjiang high-tech park, with a registered capital of 80 million yuan, which is funded by the Shanghai United Property Exchange, Shanghai International Group Limited and Zhangjiangko respectively according to 50%,30% and 20%. After the establishment of the Shanghai equity Trusteeship Trading Center Co., Ltd., the company will provide equity trusteeship, equity registration, equity transfer and related advisory services to unlisted companies and limited liability firms.