Tongguan Gold Group Acquires 100% Stake in Longxin Construction Development

Reuters2025-12-19
<a href="https://laohu8.com/S/00340">Tongguan Gold</a> Group Acquires 100% Stake in Longxin Construction Development

Tongguan Gold Group Ltd. has entered into an agreement to acquire 100% equity interest in a target company from five independent vendors: Huilin Investment Limited, Anrui Investment Limited, Heduo Investment Limited, Huiyu Investment Limited, and Jinda Investment Limited. The consideration for the acquisition will be settled by the allotment and issue of new shares in Tongguan Gold Group Ltd. to the vendors, with the total consideration divided among the vendors in specified amounts. Upon completion, the target company will become a subsidiary of Tongguan Gold Group Ltd., and its financial results will be consolidated into the group’s accounts. The agreement was signed on 19 December 2025.

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. Tongguan Gold Group 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-20251219-11962204), on December 19, 2025, and is solely responsible for the information contained therein.
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