Gome Finance Technology Co (HK:0628) has released an update.
Gome Finance Technology Co., Ltd. has announced the strategic acquisition of 100% interest in OPCO via contractual arrangements, effectively consolidating OPCO’s financial results into the company’s group results. This move, involving a series of VIE contracts signed with PRC Registered Shareholders who are connected persons, is exempt from certain Listing Rules requirements due to its scale. The acquisition will enable Gome Finance Technology to exert full control over OPCO’s finance and operations, marking a significant expansion in their business operations.
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