Shanghai Securities News, China Securities Journal Report (by Ma Jiayue): Recently, the Beijing Equity Exchange announced that 6 billion shares (100% equity) of New Era Trust Co., Ltd. (“New Era Trust”) are still listed on the Beijing Equity Exchange, with a disclosure period from February 13 to March 18, 2026.
Transfer information shows that there are four transferors for this 100% equity of New Era Trust: New Era Vision (Beijing) Investment Co., Ltd., Shanghai Ren Guang Industrial Development Co., Ltd., Weifang Kewei Investment Co., Ltd., and Baotou Xinding Sheng Trading Co., Ltd., holding 58.54%, 24.39%, 14.63%, and 2.44% respectively. The project accepts joint transfers, with no more than five members in the consortium, and at least one consortium member must become the controlling shareholder of the target company after acquiring the shares. Interested buyers should submit transfer application materials during the announcement period after fully understanding the transfer target, and pay a transaction deposit of 44.43 million yuan to a designated bank account, with a deposit ratio of 30%.
According to public information, the predecessor of New Era Trust was Baotou Trust Investment Company. In December 2003, it was re-registered and renamed New Era Trust Investment Co., Ltd. with approval from the former China Banking Regulatory Commission. As the operational risks of New Era Trust became apparent, its 2019 annual report showed that its operating income decreased by 41.2% year-on-year, and net profit dropped by about 60%. Since then, New Era Trust has not disclosed any annual reports. On July 17, 2020, the China Banking and Insurance Regulatory Commission decided to take over New Era Trust, and its risk disposal has been ongoing since then.
It is worth noting that this is the fourth time New Era Trust’s 100% equity has been listed, with a transfer minimum price of 1.481 billion yuan, about 80% of the last listing price, and only 64% of the initial listing price over three years ago.
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New Era Trust Fourth Listing 100% Equity Transfer
Shanghai Securities News, China Securities Journal Report (by Ma Jiayue): Recently, the Beijing Equity Exchange announced that 6 billion shares (100% equity) of New Era Trust Co., Ltd. (“New Era Trust”) are still listed on the Beijing Equity Exchange, with a disclosure period from February 13 to March 18, 2026.
Transfer information shows that there are four transferors for this 100% equity of New Era Trust: New Era Vision (Beijing) Investment Co., Ltd., Shanghai Ren Guang Industrial Development Co., Ltd., Weifang Kewei Investment Co., Ltd., and Baotou Xinding Sheng Trading Co., Ltd., holding 58.54%, 24.39%, 14.63%, and 2.44% respectively. The project accepts joint transfers, with no more than five members in the consortium, and at least one consortium member must become the controlling shareholder of the target company after acquiring the shares. Interested buyers should submit transfer application materials during the announcement period after fully understanding the transfer target, and pay a transaction deposit of 44.43 million yuan to a designated bank account, with a deposit ratio of 30%.
According to public information, the predecessor of New Era Trust was Baotou Trust Investment Company. In December 2003, it was re-registered and renamed New Era Trust Investment Co., Ltd. with approval from the former China Banking Regulatory Commission. As the operational risks of New Era Trust became apparent, its 2019 annual report showed that its operating income decreased by 41.2% year-on-year, and net profit dropped by about 60%. Since then, New Era Trust has not disclosed any annual reports. On July 17, 2020, the China Banking and Insurance Regulatory Commission decided to take over New Era Trust, and its risk disposal has been ongoing since then.
It is worth noting that this is the fourth time New Era Trust’s 100% equity has been listed, with a transfer minimum price of 1.481 billion yuan, about 80% of the last listing price, and only 64% of the initial listing price over three years ago.