DESUN SERVICES (02270) Subsidiary Signs Equity Transfer Agreement with Going Securities Holding to Indirectly Acquire 15% Stake in Going Securities

Stock News
10/03

DESUN SERVICES (02270) announced that its wholly-owned subsidiary, Desun Property Service Limited (Desun Property), has signed an equity transfer agreement with Going Securities Holding Limited. Under the agreement, Desun Property has agreed to purchase a 15% stake in Going Securities (HK) Limited and has completed the payment. Going Securities (HK) Limited holds 100% ownership of Going Securities Limited. Through this transaction, Desun Property will indirectly hold a 15% stake in Going Securities Limited.

Going Securities Limited is a licensed corporation recognized by the Securities and Futures Commission of Hong Kong (Central Number: BPS863), holding licenses for Type 1, Type 2, Type 4, Type 5, and Type 9 regulated activities. The company also serves as the deputy chairman unit of the Hong Kong Web3.0 Standardization Association, which brings together leading institutions across the industry. Going Securities possesses relevant regulatory licenses, market resources, and industrial shareholder background, with outstanding compliance qualifications and resource integration advantages.

This strategic investment represents a crucial step for the group as an urban asset service provider to embrace digital financial technology and drive business transformation and upgrading. It also marks an important milestone for the group to capitalize on digital finance development trends and explore business diversification. Through this investment, the company expects to deeply integrate its existing traditional business advantages in commercial management and non-performing asset disposal with digital financial technology, creating new business growth opportunities. This move aligns with the group's strategic objective of seeking new growth drivers and broadening profit models.

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