MEITU (01357): Shenzhen Hujia Technology (Group) Co., Ltd. Plans Independent Listing

Stock News01-26

MEITU (01357) announced that, according to the Group's 2025 interim report released on September 25, 2025, the Group holds approximately 23.81% of the equity in Shenzhen Hujia Technology Co., Ltd. on a fully diluted basis. On November 27, 2025, Hujia Technology was converted from a limited company to a joint stock company and is now known as Shenzhen Hujia Technology (Group) Co., Ltd. (HBN). The Company's Board of Directors has been informed by HBN's management that on January 26, 2026, HBN submitted an application form (Form A1) to The Stock Exchange of Hong Kong Limited, seeking permission for the listing and trading of HBN shares on the Main Board of the Exchange (the Proposed Independent Listing). The Board also noted that the application version of HBN published on the Exchange's website does not contain details regarding the size, structure, or expected timetable of the proposed offering.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment