Beijing Huarong Zonghe Investment Co., Ltd agreed to acquire 9.5754% stake in Hengtai Securities Co., Ltd (SEHK:1476) from Tianfeng Securities Co., Ltd. (SHSE:601162) for CNY1.8 billion on September 30, 2022. As of February 7, 2023, the CSRC approved Beijing Huarong Zonghe Investment Co., Ltd. becoming Hengtai Securities Co., Ltd.Æs main shareholder.