AInnovation Technology Updates Terms for 51% Acquisition of Shanghai EHigher

Reuters11-27

AInnovation Technology Updates Terms for 51% Acquisition of Shanghai EHigher

AInnovation Technology Group Co., Ltd. has provided an update regarding its acquisition of a 51% equity interest in AInnovation EHigher (Shanghai) Intelligence Technology Co., Ltd. (Shanghai EHigher). The company had previously entered into a share transfer agreement with three vendors on 20 May 2022 for a total consideration of RMB153.0 million. According to the latest announcement, there has been a material variation to the terms of the original agreement, as outlined in a supplemental agreement. Additional information regarding the transaction and its financial details has been disclosed as supplemental information to the company's 2024 Annual Report, with no changes to other information in the report.

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. Ainnovation Technology Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930989), on November 27, 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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