Plus Group Holdings Inc., located in Hong Kong, underwent a transformation from a limited company to a joint-stock company on February 7, 2017. The company hired Zhitong Accountants as the auditing agency and Zhongqi Hua Appraisers as the evaluation agency for the transformation. The auditing and evaluation were based on the financial status as of February 28, 2017. According to the audit report issued by Zhitong Accountants on August 3, 2017, the audited net assets of the company amounted to 241,271.2 million yuan, including a special reserve of 142.67 million yuan. On the same day, Zhongqi Hua Appraisers issued an evaluation report confirming that the net asset evaluation value of Plus Group Holdings Inc. on the evaluation benchmark date of February 28, 2017, was 260,299.8 million yuan. The joint-stock company plan was signed by the initiators, with a capital of 681.8 million shares based on the audited net assets of 2,270.041 million yuan as of February 28, 2017, after deducting the special reserve. The remaining balance of 158.8241 million yuan after deducting the special reserve was included in the capital surplus, while the special reserve of 142.67 million yuan was still included in the special reserve. On August 18, 2017, the company's initiators held the inaugural meeting and the first shareholders' meeting, where they approved the company's articles of association and related governance systems, and elected the first board of directors and board of supervisors. On August 24, 2017, Plus Group Holdings Inc. completed the registration for the transformation at the Hangzhou Market Supervision Administration and obtained the business license (Unified Social Credit Code: 913301007324192613). On August 25, 2017, Zhitong Accountants issued a capital verification report, verifying the capital contribution for the establishment of the joint-stock company.
Headquarters
2F-3F, Building 6, No. 652 Changshou Road, Putuo District
Shanghai; Shanghai;
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Website: http://www.plscn.com
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