ZheJiang Province Yongan Futures Broker Co., Ltd. announced a private placement of 450,000,000 shares at CNY 3.89 per share for gross proceeds of CNY 1,750,500,000 on December 9, 2015. The transaction will include participation from existing investor, Zhejiang Orient Holdings Co., Ltd., who will subscribe to 26,210,300 shares for CNY 101,958,067. The investor's holdings in company will change from 16.30% to 12.70%.

The transaction does not need the shareholders' approval of Zhejiang Orient Holdings Co., Ltd. The transaction has been approved by directorate of Zhejiang Orient Holdings Co., Ltd.