Yuexiu Financial Holdings

Guangzhou Yuexiu Financial Holdings Group Co. , Ltd. (formerly known as "Guangzhou Friendship", stock code 000987) was listed in the main board of Shenzhen Stock Exchange in 2000. In April of 2016, the company managed to raise ¥10 billion for the acquisition of 100% equity of Guangzhou Yuexiu Financial Holdings Group Co. , Ltd. through a private placement. Meanwhile, it was transformed from a single department business to the business model of focusing on 2 main areas including Finance and Department Store. On August 1st, 2016, the company&s;s security abbreviation was changed to "YXFHC" and became the first local financial holdings listed platform in China. By the end of 2016, its total market capitalization reached ¥32.2 billion, ranking 324th among the top 500 listed companies of China; its total assets reached ¥66.853 billion which was nearly 20 times compared with the size by the end of 2015. The company&s;s gross revenue was ¥5.741 billion, increasing by 104.73% year on year. The net profit attributing to shareholders of the listed company was ¥620 million.