Goldman Sachs Group (China) Goldman Sachs in China About Goldman Sachs China Goldman Sachs has long regarded China as an important market, since the early nineties the twentieth century put China as the world&#39;s key areas of business development. Goldman Sachs in 1984 set up the Asia-Pacific regional headquarters in Hong Kong, then in 1994 opened in Beijing and Shanghai representative office, formally entered the Chinese mainland market. Since then, Goldman Sachs in China has gradually established a powerful international investment banking branch, to occupy the Chinese government and domestic industry&#39;s leading large enterprises a full range of financial services. Goldman Sachs is also the first access to the Shanghai Stock Exchange B shares trading permit foreign investment banks, and the first to obtain QFII status of foreign institutions. Goldman Sachs in China&#39;s stock and debt capital markets, has established a very strong business network, and access to international capital markets in China, as well as participation in international capital markets transactions in the process of playing a positive role. In the past decade, Goldman Sachs has been helping foreign-funded companies occupy the offering leadership which landmark transactions include: China Mobile Communications in 1997 at the initial public offering on sale Financing 4 billion U.S. dollars, becoming Asia (excluding Japan) one of the largest privatization; China Petroleum in March 2000 for the initial public offering for sale, fund-raising 2.9 billion U.S. dollars; Bank of China (Hong Kong) in July 2002 for the first time IPO sold 2.67 billion fund-raising; Ping An Insurance in 2004, initial public offering for sale, fund-raising 1.84 billion U.S. dollars; ZTE in the same year the Hong Kong initial public offering for sale, financing 400 million U.S. dollars, this is the first in Hong Kong-listed A share company; China Bank of Communications in 2005, the overseas listing of projects, financing 2.2 billion U.S. dollars, becoming the first overseas-listed Chinese state-owned banks; and China to conduct follow-up of oil stocks in the same year sold 2.7 billion financing . In 2006, Goldman Sachs has also successfully completed the CNOOC worth 1.98 billion issued fast archiving projects, and 11.19 billion U.S. dollars Bank of China H-share initial public listings. This is the largest to date of the offer and the world&#39;s fourth-largest initial public listings. Debt financing, lead manager Goldman Sachs in China, more than 40 large-scale debt sale transactions. Goldman Sachs repeated the Chinese government&#39;s large global debt sale as a consultant and lead underwriters for the transaction, respectively, in 1998, 2001, 2003 and October 2004 completed a one billion U.S. dollars more than the large-scale transactions. Goldman Sachs is the only full participation of the Chinese Government as the lead underwriter for each dollar sovereign debt sold abroad, the project&#39;s international investment bank. As with the rest of the world, Goldman Sachs in China the first choice to play in the financial advisory role, through its global network to customers and providing strategic consultancy services to wide range of business support. In recent years, Goldman Sachs as a financial consultant has participated in a major acquisition in China, such as Dongfeng Nissan to invest one billion U.S. dollars; Daimler - Chrysler 1.1 billion U.S. dollars to BAI; TCL and Thomson set up in China joint ventures; HSBC Bank acquired 20% stake in Bank of Communications; Lenovo acquired IBM&#39;s personal computer business; buy Kazakhstan oil company China Petroleum and CNOOC acquisition of oil assets in Nigeria and so on. December 2004, China Securities Regulatory Commission approved the establishment of Goldman Sachs were the joint venture - Goldman Sachs Gao Hua Securities Company Limited. Goldman Sachs set up joint venture in China is another milestone in the development. Goldman Sachs owns 33% stake in the joint venture, Beijing Gao Hua Securities Company Limited has a 67% stake. Joint venture can make Goldman Sachs from home in China A share market business, the yuan corporate bonds, convertible bonds and to provide domestic financial advisers and other related services. Goldman Sachs milestone in China 1994 Goldman Sachs set up representative offices in Beijing and Shanghai. Goldman Sachs became the first allowed on the Shanghai Stock Exchange B shares in China&#39;s foreign investment banks. Goldman Sachs on China&#39;s second largest life insurance company and the largest insurance companies in China Ping An Insurance was the first self-fund investment, the investment amount of 3,500 million. Goldman Sachs now holds 6.8% stake in Ping An. 1997 Goldman Sachs China Mobile 4 billion U.S. dollars initial public offering of the lead underwriter, which is Asia excluding Japan one of the largest privatization project is the first privatization of China&#39;s telecommunications industry project. The project of the Asian financial crisis still to achieve a successful pricing. Goldman Sachs China Southern Airlines worth 720 million U.S. dollars a landmark initial public listing of H shares lead underwriter for the project, this is the first large-scale privatization of the airline industry projects. Goldman Sachs worth 500 million U.S. dollars China&#39;s Ministry of Finance issued global bonds deputy underwriter. 1998 Goldman Sachs served as the PRC sovereign bonds worth one billion U.S. dollars issued by the lead underwriter. 1999 Goldman Sachs started as a financial restructuring of the Guangdong provincial government advisor on debt restructuring of Guangdong Enterprises Limited. Goldman Sachs China Mobile worth two billion U.S. dollars project&#39;s lead underwriter of secondary stock offerings. 2000 Henry Paulson, former Goldman Sachs chairman and CEO of the Beijing Tsinghua University Advisory Board&#39;s first chairman. Goldman Sachs 2.9 billion PetroChina initial public offering of the lead underwriters. Pricing of the project during the dawn of a new peak of the bubble economy and political highly sensitive period, but this is the first successful oil and gas industry, the privatization project. In the collapse of Guangdong International Trust and Investment Corporation of the potential to trigger the credit crisis, Goldman Sachs completed the Guangdong Enterprises Limited 50 billion in debt restructuring program. This is the first Chinese state-owned historic debt restructuring project. Subsequently, Goldman Sachs on Guangdong Investment 2,000 million. Goldman Sachs served as China Mobile, the value of a record 7.2 billion follow-up / convertible bond issues in the Joint Global Coordinator of the project, which is in Asia, except Japan&#39;s largest stock issuance program. 2001 Goldman Sachs has invested in two projects in China, one of China&#39;s third-largest acquisition of an integrated fixed line telecommunications services company China Network Communications Group (China Netcom) 6,000 million U.S. dollars worth of shares, the other is China&#39;s first independent acquisition of 8-inch semiconductor wafer company Semiconductor Manufacturing International Corporation (SMIC) value of 5,000 million shares. Goldman Sachs now owns 2.4% of China Netcom and 4.0% of the shares of SMIC. People&#39;s Republic of Goldman Sachs as the lead underwriter of the issue, again financed one billion U.S. dollars. 2002 Goldman Sachs Bank of China (Hong Kong) 2.67 billion U.S. dollars initial public offering of the lead underwriter, which is China&#39;s financial services industry&#39;s first privatization project. Goldman Sachs served as Japan&#39;s Nissan Dongfeng Motor 1 billion U.S. dollars on the acquisition of the project&#39;s financial adviser. Goldman Sachs China Mobile (Hong Kong) in eight provinces of China Mobile Communications Corporation worth 10.2 billion U.S. dollars and 750 million U.S. dollars acquisition of private financial advisor. 2003 Goldman and Huarong Asset Management Company joint venture and acquisition of funding the joint venture worth 1.9 billion yuan of bad loans and real estate portfolio. The joint venture is the first officially registered and the Government approved the establishment of a joint venture asset management company. Impact of emerging from SARS in China and will soon be the latest in a global sovereign bond issues before the Chinese government&#39;s rating as a consultant to Goldman Sachs to help China improve its credit rating: Moody&#39;s to China&#39;s sovereign credit rating upgrade from the A3 to A2. People&#39;s Republic of Goldman Sachs as the third part of sovereign dollar bond issue underwriters, as since 1998 only three have served as lead underwriters for the Chinese government issued sovereign bonds in international banking. Goldman Sachs to become the Chinese government issued the first batch of qualified foreign institutional investors licensed financial institutions, investment amount of 5,000 million. Goldman Sachs served as DaimlerChrysler 1.1 billion on BAIC investment projects, financial advisers, the project will produce Mercedes-Benz cars and trucks in China. Goldman Sachs, Nokia will integrate the four joint venture projects of a company as a financial consultant, the project so that the new company became the largest foreign-invested enterprises. 2004 In 2004, Goldman Sachs to become leading Chinese companies listed in the international market leading underwriters, specific projects, including: online gaming company Shanda worth 169 million initial public offering; instant messaging company Tencent worth 180 million U.S. dollars in the market; accident insurance value of 18.4 billion dollars in the stock exchange; China Netcom worth 1.31 billion U.S. dollars in the market; ZTE worth 453 million U.S. dollars in the market; China, 1.68 billion U.S. dollars worth of oil and 742 million U.S. dollars worth of Sinopec shares placement. Goldman Sachs successfully completed 750 million U.S. dollars Export-Import Bank of China, ICBC (Asia) 400 million U.S. dollars, the National Development Bank one billion U.S. dollars, and The People&#39;s Republic of China 500 million U.S. dollars in global bond placement. Goldman Sachs served as Thomson and TCL formed a joint venture project in China&#39;s financial advisor. Goldman Sachs, Bank of Communications, China&#39;s fifth largest bank in Hong Kong and Shanghai Banking Corporation to sell 20% strategic stake in the project as a financial advisor. Goldman Sachs served as Lenovo&#39;s acquisition of IBM&#39;s PC business worldwide financial advisor. December 2004, China Securities Regulatory Commission approved the establishment of Goldman Sachs were the joint venture - Goldman Sachs Gao Hua Securities Company Limited. Goldman Sachs owns 33% stake in the joint venture, Beijing Gao Hua Securities Company Limited has a 67% stake. 2005 Goldman Sachs Bank H shares worth 2.16 billion U.S. dollars initial public offering of the Joint Global Coordinators project, which is the first overseas listing of Chinese state-owned banks in the project. Goldman Sachs served as the value of the company 247 million U.S. dollars of the back door listing the project lead underwriter. The structure of this project in three parts, it is extremely complex but very creative. Goldman Sachs China, up 2.72 billion U.S. dollars worth of oil lead underwriter for the offering, the project is to put on sale in Asia, except Japan&#39;s biggest fast issuance filing the case. Goldman Sachs once again successfully completed the national development bank worth 10 billion global bond placement. Goldman Sachs served as China Netcom, PCCW&#39;s 20% stake acquisition of the project&#39;s financial adviser. Goldman Sachs to 1.4 billion U.S. dollars in the Temasek stake in China&#39;s third largest state-owned banks, China Construction Bank acted as financial advisor to the project. Goldman Sachs, Royal Bank of Scotland 1.6 billion stake to China&#39;s second largest state-owned Bank of China, the project served as financial advisor. Goldman Sachs Carlyle Group acquisition of China&#39;s third largest life insurance company 24.9% stake in China Pacific Life project financial adviser. Goldman Sachs to join the ranks of China&#39;s banking industry self-investment, agreed to 1.8 billion stake in Chinese bank ICBC has superpower. Goldman Sachs for its asset management business to become the first two qualified foreign institutional investors access to licensed financial institutions and investment amount. 2006 Goldman Sachs to 3.78 billion U.S. dollars agreement with Allianz Group and American Express stake in ICBC (January). Goldman Sachs to 2.27 billion U.S. dollars as the CNOOC acquisition of projects in Nigeria&#39;s oil assets, the financial adviser (in January). Goldman Sachs served as Focus Media, 323 million U.S. dollars worth follow-up offerings in the NASDAQ Global Coordinator and project manager of the joint book (January). Goldman Sachs served as Shanghai 9,600 million U.S. dollars worth of advanced semiconductor initial public offering in Hong Kong in the global coordination of joint projects and joint book managers (April). Goldman Sachs CNOOC worth 1.98 billion U.S. dollars as fast filing joint book-running managers issue (April). Goldman Sachs, Bank of China, 11.19 billion U.S. dollars as the H-share initial public offering projects Joint Global Coordinators and Joint Bookrunner, and this is the date of the offer the largest and the world&#39;s fourth-largest initial public listings.