Beida Jade Bird Universal Sci-Tech


Beijing Beida Jade Bird Universal Sci-Tech Co., Ltd. known as Jade Bird Universal is a Chinese listed company. It manufactured electronic fire equipment, as well involved in tourism industry and other equity investments. The largest shareholder of Jade Bird Universal is the non-wholly-owned subsidiaries of Peking University.
Jade Bird Universal was a former constituent of Hang Seng China Enterprises Index from 10 August 2000 to 3 October 2001.

Name

Beida Jade Bird Universal Sci-Tech, known as Jade Bird Universal once had an intermediate parent company "Beijing Beida Yuhuan Microelectronic System Engineering". Yuhuan and Huanyu literally a word play of the Chinese word Universal. Like other sister companies, they all bear the brand "Beida Jade Bird", "Jade Bird", "PKU Jade Bird" or "Peking University Jade Bird"

History

Beijing Beida Jade Bird Universal Sci-Tech Co., Ltd. was incorporated on 29 March 2000. In the same year the company was registered in Hong Kong as a foreign company. Before initial public offering, the share capital were owned by a subsidiary of Heng Huat Investments for 31.43% shares, Jade Bird Software subsidiaries for 33.57% shares, Beijing Tianqiao Beida Beida Jade Bird Sci-Tech, an associate company of Jade Bird Software for 10.71%, Mongolia Energy Corporation for 10.00%, a private equity fund AR Asia Special Strategies Fund for 7.14%, as well as private investors Dragon Air Investments and Hinet for 4.29% and 2.86% respectively. The IPO issued at first 24 million H shares for HK$11 each.
As at 31 December 2015 the H shares had expanded to 484.8 million with each in par value.

Subsidiaries

via various subsidiaries, owned 24.05% shares in total as the largest shareholder as at 31 December 2015: 9.71% shares were held by Beijing Beida Jade Bird directly; Beijing Beida Jade Bird itself was 46% owned by ; Jade Bird Software itself was 48% owned by Peking University. An additional 7.17% shares were held by Shenzhen Beida Jade Bird Sei-Tech, a subsidiary of Beijing Beida Jade Bird; an additional 7.17% shares were held by another indirect subsidiary of Jade Bird Software: Haikou Jade Bird Yuanwang Sci-Tech Development; the shares held by "Jade Bird Shenzhen" would be transferred to "Jade Bird Haikou".
The second largest shareholder was Heng Huat Investments for 17.34% shares ; it was followed by "Grand East " for 9.28%, Mongolia Energy Corporation for 7.14% and AR Asia Special Strategies Fund for 4.22%.