董事会认为，目标公司与公司实现优势互补和协同效应，可大幅扩展公司金融服务业务规模及版图，并预期将提升其收入。因此，公司决定与卖方订立谅解备忘录，以探索潜在的业务发展。On July 18th, Gelunhui announced that Smart Measure Global Limited (a wholly-owned subsidiary of the company) and Prize Perfection Limited (the "seller") entered into a non-binding Memorandum of Understanding. Accordingly, Smart Measure Global Limited intends to acquire and the seller intends to sell 60% equity interest in Starlight Asset Management Limited (the "target company"). The company and seller will further negotiate and determine the possible acquisition items, costs, and payment methods in the formal equity acquisition agreement.
The seller is a limited company registered in the Republic of Seychelles, mainly engaged in investment holding business. As of the date of this announcement, the seller holds 100% equity interest in the target company. The target company is a limited company registered in Hong Kong and has been licensed by the Securities and Futures Commission ("SFC") to conduct Type 9 (asset management) regulated activities.
The target company mainly provides asset management services to domestic and foreign corporate clients or ultra-high net worth individual clients, manages securities or futures contract investment portfolios for clients in the form of full entrustment, and manages funds in the form of full entrustment. It focuses on providing clients with high-quality and integrated asset management services. The target company has abundant resources, an experienced core business team, and a complete information operations and risk control system. It also has a professional stock trading operations system and so on. As of the end of 2023, the scale of funds managed by the target company exceeds HKD 2 billion, and the main clients of the managed funds are domestic and foreign listed companies, institutional investors, and high net worth individuals. The business types include income swap TRS, Hong Kong/US/A-share options, and fixed income bonds, etc.
The Board of Directors believes that the target company and the company can achieve complementary advantages and synergies, which can significantly expand the scale and layout of the company's financial services business, and is expected to enhance its income. Therefore, the Company has decided to enter into a Memorandum of Understanding with the seller to explore potential business development.
