Beijing Dongfang Henghui Consulting Center (Limited Partnership), Xizang Rongshun Consulting Partnership Enterprise (Limited Partnership), Banyan Capital Investment Center (Limited Partnership), Shanghai Fengsui Investment Management Co., Ltd. and Qianyi Investment Management Co., Ltd. completed the acquisition of 62.11% stake in Puhui Wealth Investment Management Co., Ltd. from Finup Group Co., Ltd.
November 16, 2016
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Beijing Dongfang Henghui Consulting Center (Limited Partnership), Xizang Rongshun Consulting Partnership Enterprise (Limited Partnership), Banyan Capital (Shenzhen) Investment Center (Limited Partnership), Shanghai Fengsui Investment Management Co., Ltd. and Qianyi Investment Management (Shanghai) Co., Ltd. entered into an equity transfer agreement to acquire 62.11% stake in Puhui Wealth Investment Management Co., Ltd. from Finup Group Co., Ltd. on June 28, 2016.
Beijing Dongfang Henghui Consulting Center (Limited Partnership), Xizang Rongshun Consulting Partnership Enterprise (Limited Partnership), Banyan Capital (Shenzhen) Investment Center (Limited Partnership), Shanghai Fengsui Investment Management Co., Ltd. and Qianyi Investment Management (Shanghai) Co., Ltd. completed the acquisition of 62.11% stake in Puhui Wealth Investment Management Co., Ltd. from Finup Group Co., Ltd. on November 16, 2016.
Puhui Wealth Investment Management Co Ltd is a holding company mainly engaged in providing third-party wealth management service for individuals and corporate clients. The Company operates Value-Added Wealth Management Services segment through its variable interest entities and subsidiaries. Its businesses involve diversified products and services such as private equity fund products, securities investment funds, private placement bonds, entities that invest in the United States publicly listed companies and other products, including trust plans and asset management plans. The Company mainly conducts its businesses in the China market.
Beijing Dongfang Henghui Consulting Center (Limited Partnership), Xizang Rongshun Consulting Partnership Enterprise (Limited Partnership), Banyan Capital Investment Center (Limited Partnership), Shanghai Fengsui Investment Management Co., Ltd. and Qianyi Investment Management Co., Ltd. completed the acquisition of 62.11% stake in Puhui Wealth Investment Management Co., Ltd. from Finup Group Co., Ltd.