Liang Naiming made an offer to acquire remaining 65.5% stake in Li Bao Ge Group Limited (SEHK:1869) from Chan Josephine Wai Sze, Chow Yiu Pong David and others for HKD on August 10, 2023. As per the transaction, will acquire 723.9 million shares at HKD 0.13 per share. Silverbricks Securities Company Limited and VBG Capital Limited acted as financial advisor to Liang Naiming. The transaction is expected to close on October 5, 2023. Zijing International Financial Holdings Limited (SEHK:8340) acted as financial advisor and Boardroom Share Registrars (HK) Limited acted as registrar to Li Bao Ge Group Limited.

Liang Naiming completed the acquisition of 16.634916% stake in Li Bao Ge Group Limited (SEHK:1869) from Chan Josephine Wai Sze, Chow Yiu Pong David and others on October 3, 2023.