[ET Net News Agency, 28 December 2021] Sunny Optical Technology (Group) Company Limited
(02382) said the subscribers entered into the share subscription agreement with the target
company and the existing owners, pursuant to which Sunny Zhejiang Optics (its subsidiary)
and other subscribers have agreed to subscribe for registered capital of RMB1.8 billion
and RMB20.2 billion, respectively, by way of capital injection into the target company in
the respective sums of RMB1.8 billion and RMB20.2 billion.
Upon completion of the capital increase contemplated under the share subscription
agreement, Sunny Zhejiang Optics will hold 6% equity interests in the target company as
enlarged by the capital increase and will become the third largest equity owner of the
target company.
The target company is Chongqing Ant Consumer Finance Co., Ltd. It is engaged in the
provision of the following regulated RMB business activities: (1) provision of individual
consumer loans; (2) receiving deposits from its equity owners or their respective
subsidiaries in the PRC; (3) borrowing loans from financial institutions in the PRC; (4)
issue financial bonds upon approval; (5) lending and borrowing between financial
institutions in the PRC; (6) consumer finance-related consultancy or agency activities;
(7) sale agent of consumer credit-related insurance products; (8) fixed income securities
investment activities; (9) other business activities as approved by China Banking and
Insurance Regulatory Commission.


(RC)