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Pintec Technology Holdings Limited (PT) has agreed to acquire all of the equity interest in Shenzhen Jishengtai Technology Co. Ltd, a securities technology firm based in Shenzhen, China. Shenzhen Jishengtai Technology internally designs and fully implements an end-to-end Broker Supplied System for automatic order matching and execution of securities trading.


RTTNews | Apr 12, 2021 06:24AM EDT

06:23 Monday, April 12, 2021 (RTTNews.com) - Pintec Technology Holdings Limited (PT) has agreed to acquire all of the equity interest in Shenzhen Jishengtai Technology Co. Ltd, a securities technology firm based in Shenzhen, China. Shenzhen Jishengtai Technology internally designs and fully implements an end-to-end Broker Supplied System for automatic order matching and execution of securities trading.

PINTEC will issue certain non-voting ordinary shares to Shenzhen Jishengtai Technology Co.'s original shareholders as the consideration for the sale of JST's equity interest. The consideration shares will consist of a fixed base of 38,098,200 shares and an additional maximum of 45,098,200 shares.

Read the original article on RTTNews ( https://www.rttnews.com/3184062/pintec-to-acquire-shenzhen-jishengtai-technology-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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