Caixin Reveals Chen Zhi's Domestic Assets: Holds Shares in Two Listed Companies, Plus Multiple Financial Institutions

On January 8, Caixin reported details of Chen Zhi’s assets in China, outlining his stakes in multiple key entities: - He holds a 17.78% stake in Xiamen Epic Wushen Interactive Technology Co., Ltd., a mobile game development firm. - He owns 70% of Chongqing QuSu Unlimited Equity Investment Fund Management Co., Ltd., which has invested in several entertainment technology companies. - He was also the controlling shareholder of Jiangmen Dacheng Medical Equipment Co., Ltd., with a stake exceeding 56%. Additionally, Chen is the controlling shareholder of two Hong Kong-listed companies, plus several insurance brokerage firms, securities firms, wealth management companies, and shell companies with unclear business scopes. - In December 2018, he acquired a 54.79% stake in Zhihaoda, serving as its chairman and executive director until resigning from all positions in July 2025. - In 2023, he took over all shares sold by the former majority shareholder of Kun Group, securing a 55% absolute controlling stake but not assuming an executive director role. Currently, neither listed company has been suspended from trading. Both stated in a declaration that sanctions will not have any significant adverse impact on their group’s business operations.