China Baoan
Gortune Investment began investing in China Baoan in 2020 and became its largest shareholder in 2021. As of now, Gortune Investment holds 16.02% of China Baoan’s shares, making it the second-largest shareholder. By the end of 2024, Gortune Investment gained co-control over the company with the largest shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, through a board election, further strengthening its control over the company.
China Baoan Group Co., Ltd. is one of the first companies listed on the Shenzhen Stock Exchange (stock code: 000009, stock abbreviation: China Baoan). It has made significant achievements in the capital market, including the founding of China’s first joint-stock enterprise, and the issuance of China’s first stock, China’s first convertible bond, and China’s first medium- and long-term stock warrant, among other nine “firsts” in new China. As one of the key large enterprise groups developed by Guangdong Province and Shenzhen City, China Baoan Group has formed an industrial cluster with high-tech industries as the main focus, supplemented by pharmaceuticals, healthcare, urban operation and development, and equity investment, after over forty years of development. The company has multiple listed subsidiaries, including A-shares China Baoan (000009.SZ), Mayinglong (600993.SH), and BTR (835185.BJ), H-shares IPE Group Limited (0929.HK), and Uchen New Energy (873087.OC) and Green Gold Hi-Tech (870415.OC) on NEEQ, as well as more than 20 wholly-owned and controlled enterprises.
