The Pacific Securities Co., Ltd completed the acquisition of 4.47% stake in Zhejiang Sunriver Culture Co.,Ltd. from Tibet Lian'er Venture Capital Co., Ltd.
December 15, 2021
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The Pacific Securities Co., Ltd (SHSE:601099) agreed to acquire 4.47% stake in Zhejiang Sunriver Culture Co.,Ltd. (SHSE:600576) from Tibet Lian'er Venture Capital Co., Ltd. on December 9, 2021. As per terms, 27.661229 million share were transferred to The Pacific Securities Co., Ltd under judicial auction. Post completion The Pacific Securities Co., Ltd stake is increased from 2% to 6.47% and that of Tibet Lian'er Venture Capital Co., Ltd. decreased from 4.74% to 0.27%.
The Pacific Securities Co., Ltd (SHSE:601099) completed the acquisition of 4.47% stake in Zhejiang Sunriver Culture Co.,Ltd. (SHSE:600576) from Tibet Lian'er Venture Capital Co., Ltd. on December 16, 2021.
THE PACIFIC SECURITIES CO., LTD is a China-based company, principally engaged in securities business. The Company operates its businesses through securities broking, including agency trading of stocks, funds, warrants and bonds; investment banking, including securities underwriting, co-lead underwriting and sub-underwriting of securities, such as new stock issuance, secondary public offering, rationed shares, convertible bonds, funds and bond issuance, among others, as well as securities investment business and asset management business. The Company mainly conducts its businesses within domestic markets.
The Pacific Securities Co., Ltd completed the acquisition of 4.47% stake in Zhejiang Sunriver Culture Co.,Ltd. from Tibet Lian'er Venture Capital Co., Ltd.
THE PACIFIC SECURITIES CO., LTD 
