China Oriental Group Acquires Minority Stake in Jiangsu Shentong

Reuters12-02

<a href="https://laohu8.com/S/CUGCY">China Oriental</a> Group Acquires Minority Stake in Jiangsu Shentong

China Oriental Group Co. Ltd. announced that its subsidiary, Jinxi Heavy Industry, has acquired 3,753,500 shares of Jiangsu Shentong Valve Co., Ltd., representing approximately 0.74% of Jiangsu Shentong's issued share capital, through on-market trades on the Shenzhen Stock Exchange. The transaction is classified as a connected transaction under Hong Kong Listing Rules, requiring disclosure but exempt from circular and independent shareholders' approval due to the size of the acquisition being less than 5%. Certain directors, including Mr. HAN Li and Mr. HAN Jingyuan, abstained from voting due to their connected interests in Jiangsu Shentong.

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. China Oriental 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-20251202-11939617), on December 02, 2025, and is solely responsible for the information contained therein.

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Ltd.</a> announced that its subsidiary, Jinxi Heavy Industry, has acquired 3,753,500 shares of <a href=\"https://laohu8.com/S/002438\">Jiangsu Shentong Valve</a> Co., Ltd., representing approximately 0.74% of Jiangsu Shentong's issued share capital, through on-market trades on the Shenzhen Stock Exchange. The transaction is classified as a connected transaction under Hong Kong Listing Rules, requiring disclosure but exempt from circular and independent shareholders' approval due to the size of the acquisition being less than 5%. Certain directors, including Mr. HAN Li and Mr. HAN Jingyuan, abstained from voting due to their connected interests in Jiangsu Shentong.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: HKEX-EPS-20251202-11939617), on December 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"002438","symbol_name":"江苏神通","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251202:nNDLgHVpV:1","article_id":"2588036006","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588036006","pubTimestamp":1764668298,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Oriental Group Co. 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Ltd. published the orig","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"002438":"江苏神通","BK1225":"钢铁","BK0132":"高送转概念","BK0035":"核能核电","00581":"中国东方集团","BK0259":"通用设备","BK1594":"碳中和概念股","BK0004":"股权转让"},"translate_title":"中国东方集团收购江苏神通少数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00581":0.9,"002438":0.9},"content_text":"China Oriental Group Acquires Minority Stake in Jiangsu Shentong\n    \n\nChina Oriental Group Co. Ltd. announced that its subsidiary, Jinxi Heavy Industry, has acquired 3,753,500 shares of Jiangsu Shentong Valve Co., Ltd., representing approximately 0.74% of Jiangsu Shentong's issued share capital, through on-market trades on the Shenzhen Stock Exchange. 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