CCB International Invests in Shanshui Group

CCB International has recently invested in China Shanshui Investment Company Limited (hereinafter as "Shanshui Group"). Shanshui Group is a large enterprise group with cement as its leading industry, and is among China's twelve cement manufacturing giants with key supports from the nation. It produced 24.01 million tons of cement in 2006, with sales revenues of 4.97 billion yuan, ranking the second in China's cement industry. CCB International made the investment by purchasing the 2-year equity warrant bonds with a nominal value of USD 120 million by Shanshui Group. Previously Morgan Stanley, CDH and the World Bank have purchased 49% of the shares of Shanshui Group. With the investment, CCB International will also become a co-sponsor and a joint lead underwriter for the listing of Shanshui Group, which it will sponsor together with such famous international investment firms as Morgan Stanley and Credit Suisse next year. And it is that CCB International will benefit from not only the handling fees from intermediate business charges but considerable investment returns as well. During the investment process, Shangdong Branch and CCB International worked together to provide the client with excellent services. The successful completion of the investment is credited to the effective coordination between the CCB's investment and commercial banking services as well as domestic and overseas environments. CCB International currently manages seven funds (including Pre-IPO funds, buyout funds, industry funds, etc.), and will continue to invest in quality projects around the world.