Dongxing Securities Corporation Limited (SHSE:601198) and China Chengtong Holdings Group Ltd agreed to acquire 98.24% stake in New Times Securities Co.,Ltd on October 7, 2021. The transaction is approved by board of directors and shareholders of Dongxing Securities Corporation Limited. As on December 14, 2021, Dongxing Securities Corporation Limited withdrew from this acquisition.

China Chengtong Holdings Group Ltd completed the acquisition of 63.855% stake in New Times Securities Co.,Ltd on December 14, 2021.