Seven yuan investment (01660) plans to spend no more than HK$10 million to acquire an asset management company

Zhitong Finance App News, Seven Yuan Investment (01660) announced that on December 23, 2025, the company plans to acquire 100% of the issued share capital of Legend Arb Advisors Limited (Zhi Zhi Rui Financial Group Limited) from Legend Arb Financial Group Limited (Zhi Zhi Rui Financial Group Limited). The consideration amount must not exceed HK$10 million.

The target company is mainly engaged in asset management and securities advisory services, and is licensed by the Hong Kong Securities Regulatory Commission to engage in Type 4 (Securities Advisory), Type 5 (Futures Contract Consultation) and Type 9 (Asset Management) regulated business in accordance with the Securities and Futures Ordinance. As of June 30, 2025, the net assets of the asset management company were approximately HK$4.3 million.

The board of directors believes that the acquisition of an asset management company provides a low-cost entry point for the group to enter the financial services industry and build a diversified financial platform. Furthermore, the asset management company currently operates an open-ended fund company in Hong Kong with assets under management of approximately HK$27 million (hereinafter referred to as the “Fund”), and has been in operation for about 4 years. The fund also holds a Qualified Foreign Institutional Investor (QFII) license and can directly invest in the mainland China market. The company believes that this license will help the company provide more unique products and services to potential customers.