Recently, through Beijing Equity Exchange Center, Beijing Hangjing Innovation Technology Co., Ltd. (“Hangjing Innovation”), a client of ZGC Development Group, officially transferred its stock subscription rights to Beijing ZGC Frontier Technology Industrial Development Co., LTD. (“ZGC Frontier Technology”) , the operator of the Industrial Park where Hangjing Innovation is located, with a premium of 2 million yuan.  It was China’s first successful case in which all processes of stock rights “registration, transfer and exercise” has been completed at the pilot comprehensive stock-option service station.

Meanwhile, the case is also a practice of ZGC Development Group to push ahead with a new round of transformation and reform towards “light assets, quality services, and flexible mechanisms”, and create sci-tech investment banking business models to share the value generated in growth of start-ups and innovation-based firms.

In addition, ZGC International Incubator under the ZGC Development Group, as the option holder of some outstanding firms within the Incubator, took the lead in cooperation with Beijing Equity Exchange Center in share option registration. It has successfully completed a stock option registration and confirmation process, becoming the first batch of pilot non-financial companies to execute the registration and confirmation of stock option.