YCI Yangtze China

TIDMYCI

RNS Number : 5952T

Yangtze China Investment Limited

08 December 2011

 
 Press Release   8 December 2011 
 

Yangtze China Investment Limited

("Yangtze" or the "Company")

Result of AGM

Yangtze China Investment Limited (AIM: YCI), a provider of expansion capital to China-based enterprises, announces that at the Company's Annual General Meeting held today at 5:30 p.m. Macau time (9:30 a.m. GMT) Function Room VI, 16(th) Floor, StarWorld Macau, Avenida da Amizade,Macau, all resolutions put to shareholders by the Board were duly passed.

- Ends -

For further information:

 
 Yangtze China Investment Limited 
 Wilfred Wong                       Tel: +852 2281 7222 
                                      www.yangtzecn.com 
 Yangtze Capital Advisory Limited 
 Richard Zhao                       Tel: +852 2281 7218 
                                      www.yangtzecn.com 
 
 
 Collins Stewart Europe Limited 
 Matt Goode                         Tel: +44 (0) 20 7523 
                                                    8350 
                                  www.collinsstewart.com 
 

Media enquiries:

 
 Abchurch Communications Ltd 
 Henry Harrison-Topham / Quincy Allan     Tel: +44 (0) 20 7398 
                                                          7710 
 quincy.allan@abchurch-group.com        www.abchurch-group.com 
 

Notes to Editors

Yangtze China Investment Limited is a closed-end investment company established to make minority equity and equity-related investments in a portfolio of small and medium-sized growth businesses within, or associated with, the consumer sector in China. With a proprietary deal flow, the Group focuses on unlisted companies whose business operations are based principally in mainland China. Yangtze will typically seek to invest in companies that are revenue generating, ideally profitable or anticipated to generate profits in the near term and which the Group believes have strong management teams and market leading potential.

Yangtze aims to capitalise on the growing disposable income in China, investing primarily in companies operating in a variety of consumer sectors, including consumer related technology, media and advertising, entertainment, distribution and retailing of consumer goods and services, and health goods and services.

The economy of China has grown significantly since it began its economic reforms in 1978. In 2001, China became a member of the World Trade Organization, since then its GDP per capita has experienced particularly strong growth with a CAGR of 10.1 per cent over the period from 2001 to 2009 and an annual GDP growth of 10.3 per cent was recorded in 2010. Government reforms are transforming the economy, with a focus on domestic consumption, infrastructure spending and, increasingly,upon environmental issues.

Yangtze was admitted to AIM on 14 May 2008. For further information, please see www.yangtzecn.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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