China Oriental Group Acquires Additional 0.39% Stake in Jiangsu Shentong

Reuters12-22 17:24

<a href="https://laohu8.com/S/CUGCY">China Oriental</a> Group Acquires Additional 0.39% Stake in Jiangsu Shentong

China Oriental Group Co. Ltd. announced that its subsidiary, Jinxi Heavy Industry, has acquired 2,000,000 shares of Jiangsu Shentong Valve Co., Ltd., representing approximately 0.39% of Jiangsu Shentong's issued share capital. The acquisition was made via an on-market trade on the Shenzhen Stock Exchange. The transaction, when aggregated with previous acquisitions of Jiangsu Shentong shares by the Group within the last 12 months, exceeds 0.1% but is less than 5% under the applicable percentage ratio of the Hong Kong Listing Rules. As such, the deal is subject to reporting and announcement requirements but does not require a circular or independent shareholders' approval. Certain related parties, including Mr. HAN Li and Mr. HAN Jingyuan, abstained from voting on the Board resolution approving the acquisition due to their connected relationships.

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-20251222-11963485), on December 22, 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 2,000,000 shares of <a href=\"https://laohu8.com/S/002438\">Jiangsu Shentong Valve</a> Co., Ltd., representing approximately 0.39% of Jiangsu Shentong's issued share capital. The acquisition was made via an on-market trade on the Shenzhen Stock Exchange. The transaction, when aggregated with previous acquisitions of Jiangsu Shentong shares by the Group within the last 12 months, exceeds 0.1% but is less than 5% under the applicable percentage ratio of the Hong Kong Listing Rules. As such, the deal is subject to reporting and announcement requirements but does not require a circular or independent shareholders' approval. Certain related parties, including Mr. HAN Li and Mr. HAN Jingyuan, abstained from voting on the Board resolution approving the acquisition due to their connected relationships.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<i>Disclaimer: <span>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. <a href=\"https://laohu8.com/S/00581\">China Oriental</a> 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. 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ID: HKEX-EPS-20251222-11963485), on December 22, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0132","symbol_name":"高送转概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251222:nNDLbBjPNq:1","article_id":"2593978483","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593978483","pubTimestamp":1766395493,"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. announced that its subsidiary, Jinxi Heavy Industry, has acquired 2,000,000 shares of Jiangsu Shentong Valve Co., Ltd., representing approximately 0.39% of Jiangsu Shentong's issued share capital. The acquisition was made via an on-market trade on the Shenzhen Stock Exchange. The transaction, when aggregated with previous acquisitions of Jiangsu Shentong shares by the Group within the last 12 months, exceeds 0.1% but is less than 5% under the applicable percentage ratio of the Hong Kong Listing Rules. As such, the deal is subject to reporting and announcement requirements but does not require a circular or independent shareholders' approval. Certain related parties, including Mr. HAN Li and Mr. HAN Jingyuan, abstained from voting on the Board resolution approving the acquisition due to their connected relationships.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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