Hengxin Technology Announces Sale of 39% Stake in Subsidiary

Reuters12-08 06:31

Hengxin Technology Announces Sale of 39% Stake in Subsidiary

Hengxin Technology Ltd. is proceeding with the disposal of a 39% equity interest in its target company, as outlined in a conditional equity transfer agreement dated 7 December 2025. The transaction involves the sale of interests held through subsidiaries including Hengxin Technology International Co., Ltd., which is primarily involved in trading and investment holding, and Zhonglian Technology, focused on telecommunications products for mobile communications systems. The update confirms that the extraordinary general meeting will be held for independent shareholders to consider and approve the proposed disposal.

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. Hengxin Technology 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-20251208-11947293), on December 07, 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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