How many shares does Jack Ma hold in Ant Financial Services?

Ant Gold Service's public announcement did not release specific information.

The initial shareholders of Ant Gold Service are Hangzhou Jun Han and Hangzhou Jun Ao two limited partnerships (mastered by Jack Ma), after two rounds of financing A/B, so far Ant Gold Service has introduced state-owned shareholders including Social Security Gene, CIC Overseas, Jianxin Trust, Guodai Finance, the four major insurance companies (Life/P&P/PIC/P&T/Xinhua) and other state-owned shareholders. According to information disclosed by the media.

In the process of A/B round of financing, the proportion of social security gene / CIC overseas investment reached 5% / 3% (after the current round of investment), is the highest proportion of external shareholders.

Expanded information:

Ant Technology Group Co Ltd (Ant Group), formerly known as Ant Gold Service, is a financial services company in Zhejiang province, which was formally established in October 2014.

Ant Gold Service is committed to building an open, ****enjoyable credit system and financial service platform through the ability of science and technology innovation, providing safe and convenient inclusive financial services for global consumers and small and micro enterprises. The company's products include Alipay, Netcommerce Bank and Ant Financial Cloud.

On November 6, 2020, the Ant Group issuer and joint lead underwriters initiated the refund process and the aforementioned funds were returned on November 9, 2020. The shares subscribed by investors will be cancelled on November 6, 2020.