According to Zhitong Finance App, China's Beidahuang (00039) announced that Shousheng Capital Group Limited (a licensed corporation that can conduct Type 1 (securities trading) and Class 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance, Chapter 571 of the Hong Kong Legislation) has been appointed as an independent financial advisor to provide advice to the independent board committee and independent shareholders on subscription matters, sales matters and proposed transactions under them.