ZHAOBANGJI LIFE (01660) announced on December 23, 2025, that the company intends to acquire 100% of the issued share capital of Legend Arb Advisors Limited from Legend Arb Financial Group Limited. The consideration for the acquisition will not exceed HK$10 million.

The target company primarily engages in asset management and securities advisory services and is licensed by the Hong Kong Securities and Futures Commission (SFC) to conduct regulated activities under the Securities and Futures Ordinance, including Type 4 (securities advisory), Type 5 (futures contract advisory), and Type 9 (asset management). As of June 30, 2025, the asset management company had a net asset value of approximately HK$4.3 million.

The board believes this acquisition provides the group with a low-cost entry into the financial services sector, enabling the development of a diversified financial platform. Additionally, the asset management company currently operates an open-ended fund company in Hong Kong, with assets under management of around HK$27 million and an operational history of approximately four years.

The fund also holds a Qualified Foreign Institutional Investor (QFII) license, allowing direct investment in the mainland China market. The company expects this license to enhance its ability to offer differentiated products and services to potential clients.