Energy International Expands with Fintech Stake

Energy International Investments Holdings Ltd (HK:0353) has released an update.

Energy International Investments Holdings Ltd announces a strategic acquisition of a 40% stake in a leading credit assessment fintech company in the PRC, valued at around HK$215 million. The deal includes a mix of cash and promissory notes, alongside a put option to sell back the stake under certain profit shortfall conditions. This acquisition positions the company to control 28% of the economic interests in the fintech firm, expanding its influence in the financial technology sector.

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