(Yicai Global) Nov. 21 -- Zhenai, one of China's biggest online matchmaking platforms, said that PAG Asia Capital has purchased a controlling stake in it, but did not disclose the terms of the deal.

Xiao Suining, PAG's partner and China president, will serve as the new chairman of Zhenai. Xiao was Ping An Bank Co.'s [SHE:000001] chairman and Shenzhen Development Bank Co.'s governor. He worked at the Bank of Communications [SHA:601328] for 17 years, Shanghai Securities News reported.

Established in May 2014, Zhenai was previously controlled by Zhuhai Anyuan Technology Partnership Co. It provides online, in-store and telephone matchmaking services.

The platform has more than 140 million registered members and is expected to earn more than USD240 million (CNY1.6 billion) this year, with a net profit of over CNY200 million.

DEA General Aviation Holding Co. [SHE:002260] planned to buy control of the platform in February and intended to raise stock funds, but the deal failed. It said then that Zhenai was worth CNY2.74 billion.