Meitu founder Cai Wensheng takes over China Financial Leasing, planning to lay out Web 3.0 and digital asset

[coin world] On June 25th (UTC+8), China Financial Leasing (02312.HK) saw a soaring stock price, which surged nearly 4 times at one point. As of the time of writing, the rise is 302.98%, reaching 1.35 Hong Kong dollars. China Financial Leasing announced that the original shareholders Lin Shusong and Capital Venture have transferred a total of 121 million shares to the independent third party Longling Capital (the offeror), accounting for approximately 34.96% of the total share capital of the company, at a total price of 46.08 million Hong Kong dollars. This transaction has triggered a mandatory acquisition obligation for the offeror. According to the announcement, the offeror intends to make a cash offer at a price of 0.38 Hong Kong dollars per share. This price represents a 13.43% premium over the Closing Price of 0.335 Hong Kong dollars before the suspension of trading, and the expected investment involved in this offer is approximately 85.74 million Hong Kong dollars. It is noteworthy that the offeror is ultimately beneficially owned by the well-known angel investor and founder of Meitu, Cai Wensheng. The announcement explicitly stated that after the offer expires, the offeror plans to maintain the company's listing status. The announcement indicated that Cai Wensheng expressed his intention to develop the group into an asset management platform, focusing on investing in technology incubation companies in Hong Kong, and increasing investment in artificial intelligence, Web 3.0 industry, and financial products involving digital assets, striving to make the group a world-class investment holding group. According to the 2024 annual report, China Financial Leasing achieved operating income of 1.156 million Hong Kong dollars, a rise of 48.21% year-on-year, while the net loss of the vesting parent company was 2.035 million Hong Kong dollars, a decrease in losses of 74.46% year-on-year.