Group 1 - The company, Lihqiao Securities Holdings, has agreed to acquire all issued shares of the target company, Haishan Co., Ltd., for a total consideration of HKD 35 million, to be paid through the issuance of consideration bonds [1] - Upon completion of the acquisition, the target company will become a wholly-owned subsidiary of Lihqiao Securities, and its financial information will be consolidated into the company's financial statements [1] - The target company has a long operating history since its establishment in 2005, with approximately 20,000 customers, which will enhance the company's position as a leading online brokerage in Hong Kong [1] Group 2 - The company has demonstrated its ability to attract high-net-worth clients through investment consulting, private placements, bond trading, and guaranteed financing via an introduction brokerage model over the past two fiscal years [2] - The target company's customer base is predominantly retail, with potential for some retail clients to become high-net-worth clients, allowing for better segmentation and service by the company [2] - The competitive environment in Hong Kong necessitates effective cost management and continuous investment for the company to make progress in the market [2] Group 3 - The company operates two similar businesses, allowing for better integration of financial resources and expansion of business scale [3] - Despite the target company reporting a loss for the year ending December 31, 2024, the loss was primarily due to expected credit loss impairment on guaranteed financing receivables, which has since been reduced [3] - Excluding the impairment, the target company's net loss would have turned into a net profit of HKD 11.4 million [3]
立桥证券控股(08350)拟3500万港元收购海山股份的所有已发行股权