Minmetals Capital (600390.SH): Plans to enter into a Perpetual Debt Agreement with China Minmetals Corporation
Gelonghui, August 7 — WISCO Capital (600390.SH) announced that it intends to enter into a Perpetual Debt Agreement with China Minmetals Corporation, pursuant to which China Minmetals will make a perpetual debt investment in WISCO Capital in the amount of RMB 2.1 billion. The proceeds will be used to meet working capital requirements, for purposes falling within the company’s principal business scope as permitted by applicable laws, regulations, and regulatory policies, or for other purposes approved by China Minmetals. The term of this transaction is 5+N years. This transaction is intended to further strengthen the company's financial resources and optimize its asset-liability structure. The perpetual debt has a term of 5+N years, and WISCO Capital may at its discretion determine the perpetual debt
Express News | WuMin Capital: Plans to enter into a RMB 2.1 billion perpetual bond agreement with its actual controller.
Fifty trust companies reported a combined net profit of RMB 18 billion in the first half of the year, up 12% year-on-year; Wugang Trust's revenue surged twelvefold, and three firms returned to profitability.
① Fifty-two trust companies disclosed their financial data for the first half of 2026. Among the 50 comparable firms, total revenue amounted to RMB 32.177 billion, an increase of 6.11% year-on-year, and net profit totaled RMB 18.042 billion, up 12.12% year-on-year; three companies returned to profitability. ② Industry divergence has intensified, with CITIC Trust ranking first in both revenue and net profit. Leading institutions maintain a competitive edge through diversified business lines and strong shareholder support.
Minmetals Capital Issues 2 Billion Yuan of Debts
China Minmetals Capital: 2026 Semi-Annual Performance Forecast of China Minmetals Capital Co., Ltd.
Minmetals Capital (600390.SH) issued a profit pre-announcement, expecting attributable net profit for the first half of the year to range between RMB 950 million and RMB 11.4 billion, an increase of 81% to 117% year-on-year.
WuKuang Capital (600390.SH) announced that the company expects its net profit attributable to shareholders of the parent company for the first half of 2026 to be between RMB 9.5 billion and RMB 11.4 billion, representing an increase of RMB 4.25 billion to RMB 6.15 billion, or 81% to 117%, compared to the same period last year (based on statutory disclosed figures). As the restated data did not affect the net profit attributable to shareholders of the parent company for the same period last year, the aforementioned percentage changes remain consistent when compared with the restated figures.
WuMin Capital (600390.SH): Its subsidiary paid a total of RMB 122 million in back taxes, late payment penalties, and fines.
Gelonghui, June 26 — WISCO Capital (SHA: 600390) announced that, as of the date of this announcement, in accordance with requirements from tax authorities, a subsidiary of the company was required to pay supplementary tax, late payment penalties, and fines totaling RMB 1,215.949 million. As of the date of this announcement, the subsidiary has fully paid the aforementioned amounts as required.
Minmetals Capital Raises 800 Million Yuan Via 365-Day Bond Issue; Shares Fall 6%
WuMin Capital (600390.SH) 2025 Annual Dividend Distribution: RMB 0.014 per share
Gelonghui, June 18 — Wukuang Capital (SHA: 600390) announced its 2025 annual profit distribution implementation notice. The dividend distribution is based on the company's total share capital of 4,498,065,459 shares as of the record date, with a cash dividend of RMB 0.014 per share (tax inclusive), amounting to a total cash dividend of RMB 62,972,916.43. The equity registration date for this distribution is June 25, 2026, and the ex-dividend date is June 26, 2026.
Four securities firms appear on Changxin's shareholder list, with hundreds of billions in unrealized gains reshuffling rankings—equivalent to creating one and a half 'China Merchants Securities'.
① According to Changxin Technology's prospectus, four securities firms—China Merchants Securities, Huaan Securities, CITIC Securities, and CICC—hold indirect stakes in the company. ② Based on Changxin Technology’s estimated valuation of RMB 3 trillion, China Merchants Securities stands to realize an unrealized gain of nearly RMB 20 billion, while Huaan Securities exceeds RMB 10 billion, significantly boosting both firms’ net profits. ③ The earnings contribution from this equity investment is expected to propel China Merchants Securities into the top three among securities firms by profitability and help Huaan Securities break into the industry’s top ten.
China Minmetals Capital: China Minmetals Capital Co., Ltd. First Quarter Report for 2026
China Minmetals Capital Co., Ltd. First Quarter Report for 2026
Minmetals Capital (600390.SH) reported a net profit of 284 million yuan in the first quarter, representing a year-on-year increase of 48.00%.
According to the report by Gelonghui on April 29, Wukang Capital (600390.SH) released its Q1 2026 financial report. The company reported operating revenue of 1.439 billion yuan in the first quarter, representing a year-on-year decline of 9.27%; net profit attributable to shareholders of 284 million yuan, reflecting a year-on-year increase of 48.00%; and non-recurring net profit attributable to shareholders of 284 million yuan, up 47.47% year-on-year.
Minmetals Capital Proposes 3 Billion Yuan Bond Issuance
Summary of the 2025 Annual Report of China Minmetals Capital Co., Ltd.
China Minmetals Capital Co., Ltd. 2025 Annual Report
Express News | Minmetals Capital: Net profit of 4.36 billion yuan in 2025, down 13.82% year-on-year
Minmetals Capital reported revenue of 17.75 billion yuan in 2025, with a non-GAAP net profit of 6.12 billion yuan, up 19.19%.
Operating cash flow turned sharply negative, reaching -5.125 billion yuan.
Anxin Fund: Guotou Securities acquires a 5.93% stake in the company held by CGN Finance.
Gelonghui, March 19 – Anxin Fund announced that its shareholder Guotou Securities has signed an equity transfer agreement with China General Nuclear Power Finance. Guotou Securities will acquire a 5.93% stake in Anxin Fund held by China General Nuclear Power Finance. This equity transfer does not affect the shareholding ratio of other shareholders. After the transaction is completed, Guotou Securities, Wuzhou Capital, and Foshan Shunde Xinyu Trade Co., Ltd. will hold 39.88%, 39.84%, and 20.28% stakes in Anxin Fund respectively, while China General Nuclear Power Finance will no longer hold any equity in Anxin Fund.
Express News | Minmetals Capital: Its subsidiary, Minmetals Securities, reported a net profit of 1.34 billion yuan in 2025, compared to 2.78 billion yuan in the same period last year.