On December 26, the Financial Association reported (journalist Shi Sitong) that recently, a journalist from the Financial Association learned of the latest change in Shareholder information for Bangde Shuke, where Kaola Xinke replaced the original three Shareholders of Bangde Shuke to become its main Shareholder.

It is noteworthy that the main Shareholders behind Kaola Xinke are primarily LEGENDHOLDING, Lakala Payment, and other companies. With Bangde Shuke completing the business registration, the "LEGENDHOLDING system" has officially acquired Bangde Shuke, and Lakala Payment has also officially entered the credit information service Industry.

A journalist from the Financial Association exclusively learned from Bangde Shuke that the related acquisition work is still ongoing, and the internal processes of Bangde Shuke including finance, systems, personnel, and other aspects of the Business are still being integrated.

Additionally, it is worth mentioning that prior to this acquisition, the third largest Shareholder, Shenzhen Apple Tree Data Technology Co., Ltd., which originally held 14.48% shares in Bangde Shuke, was backed by Tencent with a 40% shareholding. After this acquisition is completed, Bangde Shuke will further gain support from the "LEGENDHOLDING system," while the shareholding of the "Tencent system" in Bangde Shuke will also be compressed.

Specifically, the acquisition by the "LEGENDHOLDING system" can be traced back three years ago, when its purpose was for Lakala Payment to "quickly enter the rapidly developing enterprise credit rating and securities market credit rating market."

According to a report by the Financial Association, as early as August 2021, Lakala Payment attempted to acquire 100% equity of another appraisal company under the "LEGENDHOLDING system"—Peking Zhongbei Lian Credit Evaluation Co., Ltd. (abbreviated as "Zhongbei Lian") for 50 million yuan. However, in reality, the acquisition did not proceed smoothly and it was only after three years that a "curved rescue" approach was adopted.

At the end of October this year, Lakala Payment announced that due to the "changes in the external market environment during the Trade advancement process," all parties to the Trade agreed to terminate the Equity Transfer regarding Zhongbei Lian and formed a new Trade plan—to jointly acquire Bangde Digital (Peking) Technology Co., Ltd. (i.e. "Bangde Shuke") with the Shareholders of Zhongbei Lian, Tibet Kaola Technology Development Co., Ltd. (abbreviated as "Kaola Technology"), and Peking Kaola Kunlun Investment Management Co., Ltd. (abbreviated as "Kaola Kunlun").

Specifically, the "LEGENDHOLDING" Lakala Payment, Kaola Technology, Kaola Kunlun, along with the original three shareholders of Bond Data Technology jointly invested to establish Zhuhai Hengqin Kaola Xinke Digital Technology Co., Ltd. (i.e., "Kaola Xinke"). Among them, Kaola Technology contributed 45 million yuan for a 45% stake; Kaola Kunlun contributed 5 million yuan for a 5% stake; Lakala Payment contributed 30 million yuan for a 30% stake; while the other three partners contributed all their respective holdings in Bond Data Technology, collectively holding 20% of the equity in Kaola Xinke.

Subsequently, on November 22, Kaola Xinke was officially established, and Bond Data Technology welcomed changes in its shareholders. According to business information check, Bond Data Technology has recently completed its business registration, in which the original three shareholders have exited, and Kaola Xinke has become its latest 100% shareholder. However, on the other hand, there have been no new changes to the shareholding structure of Zhongbei Union.

Regarding the progress of this merger integration, and questions about the company's future operational strategy, business expansion, and any planned adjustments, a reporter from Caixin attempted to further understand the situation from Lakala Payment, but had not received a reply by the time of publication.