A public ownership report (POR) as of Dec. 31, 2019 listed SM Investments Corp. (SMIC) and Sysmart Corp. as direct holders of 605,698,271 common shares and 415,995,323 common shares for a total direct ownership of 1,021,693,594 common shares, or 38.04 percent, in China Banking Corp. (CBC).
The POR also showed CBC’s public stockholders as owners of 1,535,481,915 common shares, or 57.168 percent of 2,685,899,812 outstanding common shares. The bank’s 12 directors directly held 60,841,976 common shares in addition to indirect ownership of 10,192,440 common shares for total ownership of 71,034,416 common shares, or 2.64 percent of the outstanding.