Central China Securities Co., Ltd. (SEHK:1375) agreed to acquire additional 40.935% stake in Central China Futures CO., LTD. from Henan Railway Investment Co., Ltd. for approximately CNY 230 million on December 27, 2022. Post acquisition, Central China Securities Co., Ltd. will hold 92.292% stake in Central China. Consideration will be paid in three phases, First phase will be of CNY 85.03 million and will be paid before December 31, 2022, Second phase will be CNY 56.38 million and will be paid before March 31, 2022 and third will be of CNY 54.13 million will be paid before June 30, 2023. The transaction has been approved by board of Central China Securities.

Central China Securities Co., Ltd. (SEHK:1375) completed the acquisition of additional 40.935% stake in Central China Futures CO., LTD. from Henan Railway Investment Co., Ltd on October 13, 2023.