Core Viewpoint - Wanjiang Capital has acquired a 75% stake in the Hong Kong-listed company China New Retail Supply Chain for a total price of HKD 222.8 million, with the acquisition price per share significantly discounted compared to the pre-suspension price [3][5]. Group 1: Acquisition Details - Wanjiang Capital plans to purchase 360 million shares from Alpine Treasure Limited, representing 75% of the total issued share capital, for HKD 222.8 million [5]. - The proposed acquisition price is HKD 0.6189 per share, which is an 82.32% discount compared to the last trading price of HKD 3.5 per share before suspension [3][5]. - The total market capitalization of China New Retail Supply Chain is currently HKD 2.1 billion, indicating that Wanjiang Capital is acquiring the entire company for nearly HKD 300 million [5]. Group 2: Background of the Acquirer - Wang Kaili, the sole shareholder and director of Wanjiang Capital, is only 26 years old and is the daughter of Wang Zhenhua, the controlling shareholder of New City Holdings [3][8]. - Wang Kaili has an academic background with degrees from Peking University, the University of Sydney, and University College London [9]. Group 3: Market Reactions and Historical Context - The stock price of China New Retail Supply Chain experienced a significant increase prior to the acquisition announcement, rising nearly 75% over three trading days [15]. - The company had previously undergone a change in control, with Alpine Treasure Limited acquiring a 75% stake for HKD 100 million a year ago, at a price of HKD 0.2778 per share, which also reflected a substantial discount [12][13]. - Following the acquisition announcement, the stock price surged again, indicating market interest and speculation surrounding the transaction [15].