Intended to acquire Metaverse Digital Platform Company at HKD 0, Zhongqingbao received a letter of concern from Shenzhen Stock Exchange

On January 11, the GEM Company Management Department of the Shenzhen Stock Exchange issued a letter of concern to Zhongqingbao. On the evening of January 10, the company disclosed an announcement saying that Zhongqingbao Hong Kong, a wholly-owned subsidiary of the company, intends to acquire Baode Asset Management Hong Kong Co., Ltd. (planned to be renamed: “Paul Leader”) from Li Ruijie, the actual controller of the company, at HKD 0. Metaverse Digital Platform Co., Ltd.”) 51% equity, the above transaction constitutes a connected transaction.

The Shenzhen Stock Exchange requires the company to disclose in detail the basic information of the target company Paul Leader, including but not limited to the main business, establishment time, financial data of the last year and the first period, etc., and explain the pricing basis for the transfer consideration of 0 yuan and rationality; explain whether Paul Reed’s recent business development in the Metaverse will have a greater impact on the company’s short-term performance, and fully remind relevant risks.