HATCHER GROUP (08365) Plans Acquisition of 51% Stake in Hong Kong Cross-Border Aviation Technology Company

Stock News06-04 18:06

HATCHER GROUP (08365) has announced its intention to acquire a majority stake in a Hong Kong-based aviation technology firm.

On June 4, 2026, the company entered into an agreement to purchase 51% of the issued share capital of Hong Kong Cross-Border Aviation Technology Company Limited from Qianyi Intelligent Technology Co., Ltd. for a consideration of HK$1.

The target company primarily engages in business related to the low-altitude economy and e-commerce.

It has established a collaborative industry-university-research partnership with the Shenzhen Research Institute of Northwestern Polytechnical University and is expected to obtain drone research and development-related technologies through this cooperation.

As of the date of this announcement, the target company is wholly and beneficially owned by the seller.

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