China Oriental Group Company Limited has announced a potential further acquisition of shares in Jiangsu Shentong Valve Co., Ltd. through its subsidiary, Hebei Jinxi Iron and Steel Group Heavy Industry Science and. Based on the closing price of RMB14.73 per share as of 5 December 2025 and the total issued shares of 507,537,461, Jinxi Heavy Industry may acquire an additional equity interest in Jiangsu Shentong ranging from approximately 1.34% to 2.07%. The expected consideration for the transaction takes into account strategic alignment, prevailing market price, business prospects of Jiangsu Shentong, and regulatory requirements. The board of China Oriental Group considers the terms of the acquisition to be fair and reasonable and in the interests of the company and its shareholders.
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-20251209-11949440), on December 09, 2025, and is solely responsible for the information contained therein.
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