On September 22, 2023, Cambrian issued a public announcement stating that the shareholder Guotou Venture Capital Fund had completed the reduction of holdings. The total reduction was 7.3987 million shares, cashing in 1.481 billion yuan. After the reduction, Guotou Venture Capital Fund held only 1,176 shares of Cambrian, basically completing the liquidation.
Ningbo Hangao also completed its liquidation of
From November 15, 2022 to March 14, 2023, Paleozoic Ventures sold a iceland phone number list total of 4.2887 million shares, cashing in 361 million yuan. Subsequently, Paleozoic Ventures further reduced its holdings in Cambrian from March 23 to August 24, cashing out 1.071 billion yuan.
In addition, Nanjing Zhaoyin and Hubei Zhaoyin also liquidated their Cambrian holdings in 2023. The announcement shows that from February 9 to June 7, 2023, Nanjing China Merchants Bank and Hubei China Merchants Bank reduced their holdings by 3.1146 million shares and 1.5395 million shares, respectively, cashing out 388 million yuan and 191 million yuan, respectively.
The above five venture capital shareholders have basically completed their liquidation of Cambrian, with a cumulative reduction in holdings and cash out of 4.183 billion yuan.
The World Financial Forum WFF held a seminar in Hong Kong to discuss the challenges and future of Hong Kong as an international financial center.