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usi was selected to be one of the sample stocks of the csi 300 index
(2013/12/16) recently, china securities index co., ltd. has announced adjustments to the sample stocks of the csi 300 index and usi has been selected as a sample stock of the csi 300 index, effective as of december 16, 2013.
the csi 300 index is the benchmark index with the longest history and the largest product scale and market influence in the index system of china securities index. it represents the overall trends of the 300 core stocks in china's securities market and the investment orientations of mainstream institutions in the market.
according to the semi-annual report of 2013, the net profit of the sample stocks of the csi 300 index was rmb 758.6 billion, accounting for 86.55% of the total net profit of the companies listed on the shanghai and shenzhen stock exchanges. the weighted average earnings per share of the stocks of the csi 300 index was rmb 0.34, respectively, 29.91% higher than the average of the companies listed on the shanghai and shenzhen stock exchanges. in the most recent year, the total dividend value of a shares in the csi 300 index was rmb 447.7 billion, representing 84.46% of the total dividend value of a-share listed companies on the shanghai and shenzhen stock exchanges.
usi was listed on the shanghai stock exchange in february, 2012. since then, the stock's market value has steadily increased and trading in it has been active. as of december 13, 2013, the closing price of usi was rmb 21.49, up by 182.76% from the ipo issue price of rmb 7.60. the total market value reached rmb 21.5 billion.
with the robust development of its e-business, standardized and transparent information disclosure, and constant improvement of its governance structure, usi was included onto the list of companies of the sse corporate governance board in july, 2013 and has become a leader among a-share listed electronics companies. now, the company is receiving positive responses from the market, and the percentage of its institutional shareholders is steadily rising.
after its selection to be a sample stock of the csi 300 index, the company will further improve its shareholding structure, and draw more attention from the market. besides, it will take this opportunity to achieve further development by enhancing its participation in the capital market, expanding channels of communication with investors, and developing itself into an outstanding listed company with good financial results and standard disclosure procedures.