10 companies successfully IPOs, 2017 Co-Win Capital Net Profit to RMB 123 Million

On April 26, Co-Win Capital disclosed its 2017 annual report. Co-Win Capital achieved revenue of 289 million yuan in 2017, an increase of 10.82% year-on-year; and net profit attributable to shareholders of the listed company was 123 million yuan, a year-on-year increase of 22.03%.

Co-Win Capital stated that in 2017, the company’s operating income increased by 28,215,700 yuan over the same period of last year, mainly due to an increase in investment income of 43,303,300 yuan over the previous year, which was an increase in investment income of Shenzhen Xinyu Tengyue Electronics Co., Ltd. accounted for using the equity method and disposal of available-for-sale finance.

According to the Co-Win Capital Annual Report, Co-Win Capital’s revenue mainly comes from investment management business and investment income, of which, the investment management business revenue in 2017 was 209 million yuan, a decrease of 244.650 million yuan from 2016, accounting for 72.53% of the revenue; The income from investment income was 68.83 million yuan, an increase of 43.7033 million yuan over 2016, accounting for 23.55% of the revenue.

It is worth mentioning that the Co-Win Capital Annual Report disclosed that in 2017 Co-Win Capital had 10 successful IPO investment companies.