China Oriental Group (00581) Subsidiary Acquires Additional 1.6 Million Shares of Jiangsu Shentong

Stock News2025-12-31

On December 31, 2025, China Oriental Group (00581) announced that its subsidiary, Jinxi Heavy Industry, acquired 1.6 million shares of Jiangsu Shentong Valve Co., Ltd. through on-market transactions on the Shenzhen Stock Exchange. The shares were purchased at an average price of approximately RMB 15.83 per share (equivalent to about HKD 17.65 per share), representing roughly 0.32% of Jiangsu Shentong's issued share capital as of the announcement date. The total consideration for the acquisition amounts to approximately RMB 25.33 million (equivalent to about HKD 28.24 million). The total consideration for the acquisition will be settled in cash and funded entirely from the Group's internal resources.

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