Cai Wensheng's premium acquisition of China Financial Leasing shares will focus on AI, Web3, and Hong Kong technology incubation

According to Caixin News Agency, China Financial Leasing announced that its original shareholders Lin Shusong and Capital Venture Capital have transferred a total of 121 million shares, accounting for approximately 34.96% of the company's total share capital, to an independent third party Longling Capital (the offeror) for a total consideration of HKD 46.08 million. According to the announcement, the offeror intends to make a comprehensive offer at a cash price of HKD 0.38 per share. The price represents a premium of 13.43% over the closing price of HKD 0.335 before the company's suspension. It is expected that this comprehensive offer will involve approximately HKD 85.74 million. The offeror is ultimately beneficially owned by Cai Wensheng, the founder and single largest shareholder of Meitu Corporation. The announcement clearly states that after the offer deadline, the company plans to maintain its listing status. The announcement pointed out that Cai Wensheng expressed his intention to build the group into an asset management platform, focusing on investing in technology incubation companies in Hong Kong, and increasing investment in artificial intelligence, Web3 industry, and digital asset financial products, committed to developing the group into a world-class investment holding group.