Xinli Financial (600318.SH) plans to acquire the majority shareholder equity of its subsidiary DeRun Leasing and the minority shareholder equity of DeShan Microloan.

The Zhichu Finance APP news, Xinli Finance (600318.SH) issued an announcement that, in order to improve operational efficiency and profitability, enhance the company's control over its holding subsidiaries, and optimize the equity structure of its holding subsidiaries, the company plans to acquire 5.25 million shares (0.6429%) of Anhui Derun Financial Leasing Co., Ltd. ("Derun Leasing") held by Tianjin Runxin Machinery Equipment Partnership Enterprise (Limited Partnership) ("Runxin Machinery") for RMB 7.371 million in cash. The company also plans to acquire 3.5 million shares (1.0606%) of Hefei Deshan Microfinance Co., Ltd. ("Deshan Microfinance") held by Anhui Aoqi Exhibition Engineering Co., Ltd. ("Aoqi Exhibition") for RMB 5.386 million in cash. After completion of the transaction, the company's percentage of ownership in Derun Leasing will increase from 59.2806% to 59.9235%, and its percentage of ownership in Deshan Microfinance will increase from 56.5076% to 57.5682%. This transaction will not result in any changes to the company's consolidated financial statements.