China Cinda details 2025 plans, proposes bond issuance and capital management
China Cinda Asset Management Co., Ltd. has announced its plans for 2025, including a RMB24.6m external donation for the Group, alongside a RMB30,000 donation of obsolete assets. The company also proposes to issue up to RMB10bn in tier-2 capital bonds to enhance its capital buffer and operational strength.
The capital expenditure budget for 2025 is set at RMB799.65m, allocated to information technology construction, office renovations, and equipment purchases. This follows a 78% implementation rate for the 2024 budget.
Furthermore, China Cinda has formulated a Capital Management Plan for 2025-2027, aiming to maintain a moderate capital buffer, meet minimum regulatory requirements, and sustain an industry-leading international rating. These proposals will be voted on at the 2025 First Extraordinary General Meeting on September 26, 2025, in Beijing.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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