This announcement is made by Prosper One International Holdings Company Limited (the ‘‘Company’’) pursuant to Rule 13.09(2)(a) of the Rules (the ‘‘Listing Rules’’) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ‘‘SFO’’).
Reference is made to the announcement of the Company dated 29 October 2018 in relation to the trading halt in the shares (the ‘‘Shares’’) of the Company pending the publication of an announcement by the Company in relation to the ascertaining of whether there has been a change of the controlling shareholder (as defined in the Listing Rules) of the Company. The board (the ‘‘Board’’) of directors (each a ‘‘Director’’) of the Company hereby issues this announcement to update the shareholders of the Company and potential investors in relation to the captioned matters.
On or about 29 October 2018, the Company was informed by Mr. Meng Guangyin (‘‘Mr. Meng’’), being the controlling shareholder (as defined in the Listing Rules) of the Company, that there might have been a change in the beneficial ownership of the 600,000,000 Shares (the ‘‘Relevant Shares’’) of the Company (representing 75.00% of the entire issued share capital of the Company) that he was interested in.
As advised by Mr. Meng, the Relevant Shares were held under certain trust units (the ‘‘Trust Units’’) under the Changjiang Absolute Return China Fund (the ‘‘Fund’’) which he was beneficially interested in via his wholly-owned company, Prosper One Enterprise Limited (‘‘Prosper One Enterprise’’), and managed by Changjiang Asset Management (HK) Ltd. (the ‘‘Fund Manager’’), his asset and fund manager. As confirmed by Mr. Meng, Prosper One Enterprise was the sole beneficiary of the Trust Units.