亚洲最大赌博网站

On 21 October 2014, Hundsun Technologies Inc. ("Hundsun Technologies") published an announcement stating that 17 natural person shareholders of Hundsun Technologies Group ("Hundsun Group", the controlling shareholder of Hundsun Technologies) have transferred 100% of their equities in Hundsun Group to Zhejiang Rongxin Internet Technology Co., Ltd. ("Zhejiang Rongxin"), which is owned by Alibaba’s founder Jack Ma. After the transaction, Jack Ma, who is the biggest equity holder (99.1365%) of Zhejiang Rongxin, has effectively become the actual controller of Hundsun Technologies.

On 1 April 2014, Hundsun Group signed an equity purchase agreement worth approximately RMB3.3 billion with Zhejiang Rongxin. As the transaction was subject to the notification of concentration of business operators with the Ministry of Commerce ("MOFCOM"), it was carried out in two stages, with the final approval being given by the Anti-Monopoly Bureau of the MOFCOM on 26 September 2014.

Hundsun Technologies is a leading supplier of financial software and Internet services, and was listed on the main board of Shanghai Stock Exchange (stock code: 600570) in December 2003. Its business scope includes securities, funds, futures, banking, trust, insurance, asset management, telecommunications, and e-commerce.

The Guantao team was led by partners Gan Weimin of Shanghai office and Cao Rong of Shenzhen office, who provided a full spectrum of high quality legal services throughout the entire process.