Cryptocurrency Huobi Global Station "Huobi Global" issued an announcement on Saturday (October 8) stated that "Huobi Global controlling shareholder company has transferred all the HUOBI Global shares held by the Fund of Baiyu Capital.The M & A fund of Baiyu Capital has become the largest shareholder and actual controller of Huobi Global. Li Lin, the founder of Huobi, said goodbye in social media, saying that he is no longer a shareholder of Huobi Global, nor is it directly or indirectly owned by Huobi Globa.Any permissions.
Comprehensive interface news and Blue Whale Finance reports, the HUOBI Global controlling shareholder completes the shares and sells the "Huobi Global controlling shareholder company to transfer all the Huobi Global's fund to the fund of Baiyu Capital.In the shares, the M & A fund of Baiyu Capital became the largest shareholder and actual controller of Huobi Global.This transaction only involves changes in the controlling shareholders and will not affect the existing core management and operating teams.Baiyu Capital M & A Fund will integrate relevant industry resources, comprehensively upgrade Huobi Global's international brands, including formulating a new global brand plan, establishing a global strategic consulting committee led by industry leaders, injecting abundant risk reserves, and vigorouslyImprove competitiveness, etc., lead Huobi Global to continue to provide international investors with first -class transactions and investment services."
Li Lin subsequently posted on social media:" See you again.Just now, HUOBI Global's equity transfer and asset delivery matters were completed. This marks that the funds owned by AboutCapital became the largest shareholder and actual controller of Huobi Global. I am no longer shareholders of Huobi Global.It does not directly or indirectly owns HUOBI Globa's permissions."
Huobi.com was founded in 2013 and obtained investment in Sequoia Capital. In 2017, the virtual currency exchange" went out to the sea ", Huobi.com set up a global station. Huobi Global is the exchange of Huobi Group under the exchanges of Huobi GroupPlatform Huobi Global Station.
On September 15, last year, the Supreme People's Procuratorate, the Ministry of Industry and Information Technology, the Ministry of Public Security, the General Administration of Public Security, the Banking Regulatory Commission, the CSRC, and the Foreign Exchange Bureau jointly issued the aboutFurther preventing and disposing of the risk of the hype of virtual currency transactions, the virtual currency transactions and speculation have severely crack down, including the prohibition of foreign virtual currency trading platforms with virtual currency transaction services to mainland users.In the same year, gradually retreating and registering the registered company in the mainland.Stock users in the mainland are planned to complete the clear retirement on December 31st last year.
On December 17 last year, Li Lin stepped down as the CEO of Huobi Technology of Hong Kong Stocks and Division.Non -Executive Director Wu Shupeng's successor CEO of the former dripping chief security adviser. Earlier, Huobi Technology issued an announcement that it was planned to change the company's Firecoin Technology Holdings Co., Ltd. to Xinhuo Technology Holdings Co., Ltd..
Li LinThis withdrawal also means that this cryptocurrency exchange that originated from mainland China and eventually chose offshore development due to regulatory policies.Approved and officially reached, and the official delivery of equity and business has been completed. Regarding the details of the acquisition of shares, as of press time, Huobi official has not responded to the media.
