Credit Suisse AG agreed to acquire remaining 49% stake in Credit Suisse Securities China Limited from Shaoguan Zhongda Zinc Industry Co., Ltd. for CNY 1.1 billion on September 8, 2022. Transaction has been reviewed and approved at the 24th meeting of the fourth board of directors of the Founder Securities and does not need to be submitted to the Founder's general meeting of shareholders for consideration. Transaction is still subject to regulatory filing and other procedures, and the completion time of the transaction is uncertain.

For the period June 30, 2022, Credit Suisse Securities China Limited had CNY 1411.4059 million of Net assets and CNY 1643.3719 million of total assets. Beijing Kang Da Law Firm acted as legal advisor to Founder Securities Co., Ltd.