Core Viewpoint - China Financial Leasing (02312.HK) has announced a conditional agreement for the sale of shares, resulting in a significant change in ownership structure and future investment strategies [1][2][3]. Group 1: Share Sale Agreements - Seller A, Mr. Lin Shusong, and the offeror Longling Capital Ltd have agreed to a sale of 95.71 million shares, representing approximately 27.59% of the total issued shares, for a total cash consideration of HKD 36,368,447.58, equating to HKD 0.38 per share [1]. - Seller B, Like Capital Limited, has agreed to sell 25.56 million shares, representing about 7.37% of the total issued shares, for a total cash consideration of HKD 9,711,498.12 [1]. - Following the completion of these agreements, the offeror will hold approximately 34.96% of the company, necessitating a mandatory conditional cash offer for all issued shares under the takeover code [1]. Group 2: Offer Price and Premium - The cash offer price of HKD 0.38 per share represents a premium of approximately 13.43% over the closing price of HKD 0.335 per share on June 12, the last trading day [2]. Group 3: Future Investment Plans - The offeror intends to maintain the existing investment business of the group post-offer, focusing on a diversified investment portfolio including bonds and financial derivatives in Hong Kong, China, and the U.S. [3]. - Plans include establishing an asset management platform to invest in technology incubation companies in Hong Kong, increasing investments in artificial intelligence, Web3 industries, and digital asset financial products [3]. - The offeror will review the group's operations and business activities to formulate long-term strategies, potentially exploring other investment opportunities and considering capital and debt financing to enhance long-term growth potential [3]. Group 4: Trading Resumption - The company has applied for the resumption of trading of its shares on the Stock Exchange starting from 9:00 AM on June 25, 2025 [4].