A consortium consisting of DCP Capital Partners, Ocean Link Partners and Rick Yan, completed the acquisition of 51job, a Chinese HR company, for $4.3bn in a go-private transaction. 51job's board of directors, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the board, approved the merger agreement and resolved to recommend the company's shareholders vote to approve it. On January 12, 2022, Investors lower 51job's go-private offer to $3.8bn. On March 1, 2022, 51job enters into an amended merger agreement for going-private transaction. The Company announced the trading of its ADSs on the NASDAQ be suspended as of May 6, 2022.