Beijing State-owned Capital Operation and Management Company Limited agreed to acquire a 11.0576% stake in First Capital Securities Co., Ltd. (SZSE:002797) for CNY 3.8 billion on September 8, 2022. Under the terms, Beijing State-owned Capital Operation and Management will pay CNY 8.02 per shares to acquire 464.6864 million shares of First Capital Securities. As of September 19, 2022, transaction was approved by Assets Supervision and Administration Commission of the Beijing Municipal People's Government .

Transaction still needs to be approved by CSRC.