More than 20 days after the announcement of the plan to launch the simultaneous listing of the sci tech Innovation Board of Shanghai Stock Exchange and the main board of the Hong Kong stock exchange, ant group’s listing guidance filing documents were disclosed, which also means that the IPO of ant group has entered the practical stage. < / P > < p > it is worth noting that the filing documents also disclosed that the shareholders holding more than 5% of ant shares were Hangzhou Junhan equity investment partnership (29.86%), Hangzhou junao equity investment partnership (20.66%) and Alibaba group. Chinese reporters of securities companies have previously reported that Junhan and junao are stock holding platforms for employees of Ali and ant. < p > < p > on July 20, ant group officially announced that it had launched a plan to seek simultaneous issuance and listing on the main board of the Shanghai Stock Exchange’s science and technology innovation board and the stock exchange of Hong Kong Limited. < / P > < p > “the science and technology innovation board and the Hong Kong Stock Exchange have launched a series of reform and innovation measures, which have created good conditions for new economy companies to better obtain capital market support, including international capital support. We are very glad to have the opportunity to participate in them.” At that time, said Jing Xiandong, chairman of ant group. On the evening of August 14, the official website of Zhejiang Securities Regulatory Bureau disclosed that ant group was receiving listing guidance. There are some important information points about the relationship of stock right and so on. According to the filing documents, the shareholders holding more than 5% of ant’s shares are Hangzhou Junhan equity investment partnership (29.86%, referred to as Junhan), Hangzhou junao equity investment partnership (20.66%, referred to as junao) and Alibaba group. In other words, the two employee holding platforms hold more than 50.52% of the total shares. According to the filing documents, Junhan was established in January 2014, and its executive partner is Hangzhou yunplatinum Investment Consulting Co., Ltd.; junao was established in December 2012, and its executive partner is Hangzhou yunplatinum Investment Consulting Co., Ltd. < p > < p > in addition, according to Alibaba’s latest annual report for 2019, Alibaba holds 33% of the shares of ant group, and Hangzhou junao and Junhan equity investment partnership hold more than 50% of the shares of ant group. < / P > < p > in addition to the above-mentioned shareholders holding more than 5%, we can see from the equity information of Tianyan that large insurance companies collectively participate in ant group. China Life Insurance (Group) Co., Ltd. shares 1.06%, China Life Insurance Co., Ltd. 0.24%, China Pacific Life Insurance 0.74%, PICC Capital Investment Management Co., Ltd. 0.54%, and Xinhua Life Insurance 0.42%. < / P > < p > it is worth noting that Jun Han is a member of Ma Yun, Ali department and ant department, and Jun Ao is a part of Alibaba partnership; therefore, Alibaba and members of Alibaba ant department hold about 83% of the shares of ants. According to the filing documents, ant group received the listing guidance of CICC and China Securities Construction Investment Corporation, which was divided into three stages: < / P > < p > the first stage: finding out the truth and summarizing the problems. This paper will sort out the problems existing in ant group that may have an impact on the issuance and listing of a shares. On the basis of careful study with ant group, Ernst & young and Fangda lawyers, a comprehensive specific counseling program will be formed and implemented. < / P > < p > stage 2: coaching and problem solving. The contents of the guidance mainly include the securities law, the administrative measures for the registration of initial public offering shares on the science and technology innovation board (for Trial Implementation), the measures for the continuous supervision of listed companies on the science and technology innovation board (for Trial Implementation), the Listing Rules of the stock exchange and other relevant laws and regulations The guidance agency will work with other intermediary agencies to help ant group improve the basic rules and regulations of corporate governance and other internal control systems; for major issues, organize discussions and propose solutions. < / P > < p > the third stage: improve the counseling plan. In the summary stage, the focus of the work is to summarize the guidance and assist ant group to carry out the preparation for listing. < p > < p > according to Reuters, ant financial services will achieve an operating revenue of 120 billion yuan and a net profit of 17 billion yuan in 2019. According to Shen wanhongyuan’s calculation, ant group’s pre tax profit will reach 28.153 billion in fiscal year 2020. < p > < p > in April 2016, ant financial services completed a total of more than $4.5 billion in round B financing, which was invested by CCB’s CIC overseas, CCB trust, China Life Insurance, China Post Group and other institutions. < / P > < p > in February 2018, Alibaba and ant financial jointly announced that, according to the strategic agreement signed by both parties in 2014 and approved by Alibaba’s board of directors, Alibaba passed a Chinese subsidiary The company shares and gets 33% of the ant’s gold clothing;
in July 20, 2020, Alipay’s parent company ant group announced that it plans to launch a simultaneous listing and listing plan at the Shanghai stock exchange and the The Stock Exchange of HongKong Limited main board, in order to further support the digital upgrading of the service industry, expand domestic demand, and strengthen global cooperation to promote global sustainable development. Support the company to increase technology R & D and innovation.