51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers

Reuters06-12

51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers

Hong Kong, 12 June 2025 - 51 Credit Card Inc. has announced the completion of a transaction involving the disposal of shares in its subsidiary, China Netcom, through a placing. The company provided additional information regarding the identities of the placees involved in the transaction. The placees include Yang Ming, BAIDE TECHNOLOGY HOLDINGS COMPANY LIMITED, which is ultimately owned by Ji Weifeng and Li Huilan, and KUN PENG GLOBAL INVESTMENT COMPANY LIMITED, owned by Wang Mengyuan. According to the company's announcement, all placees and their respective ultimate beneficial owners are considered Independent Third Parties. This update follows earlier announcements made by the company in January and June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 51 Credit Card Inc. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2542504597?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-12 17:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2542504597","market":"us","top_or_hot":-1,"title":"51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hong Kong, 12 June 2025 - 51 Credit Card Inc. has announced the completion of a transaction involving the disposal of shares in its subsidiary, China Netcom, through a placing. The company provided additional information regarding the identities of the placees involved in the transaction. The placees include Yang Ming, BAIDE TECHNOLOGY HOLDINGS COMPANY LIMITED, which is ultimately owned by Ji Weifeng and Li Huilan, and KUN PENG GLOBAL INVESTMENT COMPANY LIMITED, owned by Wang Mengyuan. According to the company's announcement, all placees and their respective ultimate beneficial owners are considered Independent Third Parties. This update follows earlier announcements made by the company in January and June 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 51 Credit Card Inc. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-12 17:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hong Kong, 12 June 2025 - 51 Credit Card Inc. has announced the completion of a transaction involving the disposal of shares in its subsidiary, China Netcom, through a placing. The company provided additional information regarding the identities of the placees involved in the transaction. The placees include Yang Ming, BAIDE TECHNOLOGY HOLDINGS COMPANY LIMITED, which is ultimately owned by Ji Weifeng and Li Huilan, and KUN PENG GLOBAL INVESTMENT COMPANY LIMITED, owned by Wang Mengyuan. According to the company's announcement, all placees and their respective ultimate beneficial owners are considered Independent Third Parties. This update follows earlier announcements made by the company in January and June 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 51 Credit Card Inc. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02051","symbol_name":"VALA","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL27FgD3:1","article_id":"2542504597","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542504597","pubTimestamp":1749721836,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hong Kong, 12 June 2025 - 51 Credit Card Inc. has announced the completion of a transaction involving the disposal of shares in its subsidiary, China Netcom, through a placing. The company provided additional information regarding the identities of the placees involved in the transaction. The placees include Yang Ming, BAIDE TECHNOLOGY HOLDINGS COMPANY LIMITED, which is ultimately owned by Ji Weifeng and Li Huilan, and KUN PENG GLOBAL INVESTMENT COMPANY LIMITED, owned by Wang Mengyuan. According to the company's announcement, all placees and their respective ultimate beneficial owners are considered Independent Third Parties. This update follows earlier announcements made by the company in January and June 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, inves","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02051":"VALA","BK1188":"消费信贷","BK1511":"疑似财技股","BK1147":"投资银行业与经纪业","00397":"嬴集团"},"translate_title":"51 Credit Card Inc.通过配售完成子公司股份处置，透露买家身份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02051":0.9,"00397":0.9},"content_text":"51 Credit Card Inc. Completes Share Disposal in Subsidiary via Placing, Reveals Identities of Buyers\n    \n\n        Hong Kong, 12 June 2025 - 51 Credit Card Inc. has announced the completion of a transaction involving the disposal of shares in its subsidiary, China Netcom, through a placing. The company provided additional information regarding the identities of the placees involved in the transaction. The placees include Yang Ming, BAIDE TECHNOLOGY HOLDINGS COMPANY LIMITED, which is ultimately owned by Ji Weifeng and Li Huilan, and KUN PENG GLOBAL INVESTMENT COMPANY LIMITED, owned by Wang Mengyuan. According to the company's announcement, all placees and their respective ultimate beneficial owners are considered Independent Third Parties. This update follows earlier announcements made by the company in January and June 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 51 Credit Card Inc. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2542504597","isCrawlerRequest":true}