Jiangsu Horizon Chain Supermarket Plans Capital Injection into Haike Hongxin to Support Retail Transformation and Technology Integration

Reuters11-17

<a href="https://laohu8.com/S/02625">Jiangsu Horizon</a> Chain Supermarket Plans Capital Injection into Haike Hongxin to Support Retail Transformation and Technology Integration

Jiangsu Horizon Chain Supermarket Company Limited announced plans to use the entire net proceeds of approximately HK$58.65 million from its recent placing of new H shares for a capital injection into Haike Hongxin. The company aims to support its ongoing transformation by investing in advanced technologies such as artificial intelligence. The strategy focuses on integrating technological solutions into its retail business, reshaping key aspects such as people, goods, and venues. The company intends to leverage its existing retail operations as application scenarios for robotic products developed by Haike Hongxin, with the goal of consolidating competitiveness and fostering new growth drivers in response to evolving consumption trends and rising labor costs. The capital injection and related activities are subject to certain conditions and regulatory compliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangsu Horizon Chain Supermarket C. Ltd. published the original content used to generate this news brief on November 17, 2025, and is solely responsible for the information contained therein.

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