Pateo Connect Sells Minority Stake in Avita Technology

Reuters11-21

Pateo Connect Sells Minority Stake in Avita Technology

Pateo Connect Technology (Shanghai) Corporation has announced the disposal of minority equity interests in a target company. According to the company's statement, the transactions involve the transfer of 0.04% and 0.24% equity interests to separate purchasers through agreements signed on October 28, 2025, and November 21, 2025, respectively. The transactions are classified as discloseable under Hong Kong Stock Exchange rules but are exempt from shareholder approval requirements. Completion of the disposals is subject to certain conditions.

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. Pateo Connect Technology (Shanghai) Corporation published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.

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.

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