Odaily Planet Daily News Guofu Innovation announced that Fortune Genesis Holdings Limited, a wholly-owned subsidiary of the company, intends to acquire 1459.8151 shares of Summer Feeder Fund Limited from Liu Zhiwei, the chairman, executive director and major shareholder of the company, at a price of US$1.6 million.
It is reported that the Target Fund is an exempted company incorporated in the Cayman Islands with limited liability and established for investment purposes. The investment target entity of the Target Fund is SEBA Bank AG, which is a company limited by shares incorporated in Switzerland and a banking entity mainly engaged in cryptocurrency-related banking services.
According to the announcement, the acquisition (i.e. investing in cryptocurrency-related investment services) is a good opportunity for the group to enter the virtual asset business and apply blockchain technology to provide banking solutions and financial services.
According to previous news, Guofu Innovation issued an announcement stating that the company's wholly-owned subsidiary Fuqiang Securities Co., Ltd. has submitted to the Hong Kong Securities and Futures Commission on June 26, 2023 the license for the planned activities to be regulated under Type 1 (securities trading). An application for engaging in virtual asset-related activities under