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Listing Overview

The predecessor of China MEHECO is China National Technical Trading Co., Ltd., which was founded in May 8, 1997. According to the approval issues "State Commission for Restructuring [1997] No. 41," and "Ministry of Foreign Trade and Economic Cooperation [1997] No. 773 ", the company established by China National Technical Import and Export Corporation (CNTIC) exclusively initiation, and became to the limited liability company through social capital raising.

The business scope changed as follows: medical equipment business (there categories: operating room, emergency room, clinic equipment and apparatus, medical suture materials and adhesives, medical polymer materials and products; two categories: medical electronic instruments and equipment, clinical laboratory analytical instruments); management of health food products; stereotypes packaged food sales; and labor services for overseas project; import and export business; operating international bidding and purchasing operations, international bidding procurement form the loan program of international financial organizations; high-tech and product development; various types of domestic (overseas) projects and international bidding projects; car sales .

According to the documents [1997] No. 164 and [1997] No. 165, issued by China Securities Regulatory Commission, on April 28th 1997, 30 million shares of common stock was issued publicly, 27 million shares of which was allocated to the general public and 3 million shares was placed to the employees within the company. In the same year, company’s shares was listed in Shanghai Stock Exchange. The registered capital is RMB¥120 million after released, 90 million of which is state-owned legal person shares, held by the China National Technical Import and Export Corporation; another 30 million which is public shares, was listed on the Shanghai Stock Exchange.

According to the issue: "Approval of the Application for Allotment of China National Technical Trading Co., Ltd." (China Securities Regulatory Commission [2000] No. 162), 10.35 million common shares placed in 2000, 1.35 million of which was allotted to the shareholders of state-owned legal person shares, and another 9 million shares was issued to the public shareholders.

According to the resolution of 2002 Annual General Meeting, in 2003 the registered capital was increased to 78.21 million shares (par value of ¥1.00 per share), RMB 208.56 million, by transferring 6 shares every 10 shares distributed by capital accumulation fund. The matter has been proven with the capital verification report “XYZH/A503024” by Shinewing Certified Public Accountants.

Approved by the State Ministry of Finance, 70.08% stake in state-owned legal person shares held by China National Technical Import and Export Corporation (CNTIC), the former controlling shareholders of the company shall be transferred free of charge to China General Technology (Group) Holding Co., Ltd. (hereinafter referred to as "General Technology Group") after the capital accumulation fund transfer program in 2002.

According to the resolutions of 2006 first provisional shareholders meeting and share-merger reform shareholders meeting, non-tradable shares reform was brought into effect. Based on 62.40 million shares of circulating capital as of June 9th 2006, 4.91 shares was transferred every 10 shares by using capital accumulation fund to all shareholders of all circulating shares, who registered on the record date of the implementation. In total, RMB ¥30.6384 million of capital stock was transferred (par value of ¥1.00 per share). After that, all the non-tradable shares of the company can be listed, and this share-merger reform has been approved by State-owned Assets Supervision and Administration Commission (Issue〔2006〕No. 604). RMB ¥30.6384 million of the registered capital of the company has been increased to RMB ¥239.1984 million after the implementation of share-merger reform.

As of December 31st 2007, the company was listed Shanghai Stock Exchange with total general capital of ¥239.1984 million shares, held by the General Technology Group.

CNTIC officially changed its name to China MEHECO Corporation on December 20th 2007, with the Code 600056 in Shanghai Stock Exchange.

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