Founder Securities Co., Ltd. (SHSE:601901), Founder Healthcare Fund agreed to acquire 70.01% stake in Founder BEA Trust Co., Ltd. from Peking University Founder Group Corporation for CNY 2.9 billion on January 14, 2013. Under the terms, Founder Securities Co., Ltd. will acquire 45.49% stake for CNY 1.9 billion and Founder Healthcare Fund will acquire 24.52% stake for CNY 1 billion. The consideration will be paid within 6 months after the agreement becomes effective.

For the year ending December 31, 2012, Founder BEA Trust Co., Ltd. had revenue of CNY 753.6 million, net profit of CNY 396.19 million, total assets of CNY 1.92 billion and net assets of CNY 1.48 billion. The deal is subject to approval by shareholders of Founder Securities Co., Ltd. and by China Banking Regulatory Commission and Board of Directors of Founder Securities approved the proposal in the 1st directorate meeting held on January 14, 2013. On February 26, 2013, the shareholders of Founder Securities approved the transaction.