---
title: "BRIGHT SMART: Offeror completes share purchase agreement, Zheng Yanlan, head of Ant Wealth's overseas business preparation team, appointed Executive Director"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/281019462.md"
description: "BRIGHT SMART announced on the Hong Kong Stock Exchange that it has completed the share purchase agreement, acquiring 857,980,000 shares, accounting for approximately 50.55% of the total issued shares, with a total cash consideration of HK$2,814,174,400. Upon completion, the offeror must make an unconditional mandatory cash offer for all issued shares. Zheng Yanlan has been appointed as an Executive Director"
datetime: "2026-03-30T12:27:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281019462.md)
  - [en](https://longbridge.com/en/news/281019462.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281019462.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/281019462.md) | [繁體中文](https://longbridge.com/zh-HK/news/281019462.md)


# BRIGHT SMART: Offeror completes share purchase agreement, Zheng Yanlan, head of Ant Wealth's overseas business preparation team, appointed Executive Director

BRIGHT SMART announced on the Hong Kong Stock Exchange that the offeror and the Company announced that the completion was finalized on March 30, 2026, in accordance with the terms and conditions of the share purchase agreement. Pursuant to the share purchase agreement, the offeror acquired the sale shares (i.e., 857,980,000 shares, representing approximately 50.55% of the total issued shares as of the date of this announcement and all of the vendor's shareholding in the Company immediately prior to completion) from the vendor for a total cash consideration of HK$2,814,174,400. Upon completion, the offeror is required to make an unconditional mandatory cash offer for all issued shares (excluding shares already owned or agreed to be acquired by the offeror and persons acting in concert with the offeror).

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