Honbridge Holdings Completes Sale of Stake in Shandong Forever New Energy

Reuters2025-12-29
Honbridge Holdings Completes Sale of Stake in Shandong Forever New Energy

Honbridge Holdings Limited has completed the sale of its equity interests in Shandong Forever New Energy Technology Co., Ltd. According to a company announcement, all conditions under the previously disclosed Equity Transfer Agreement have been fulfilled, and the transaction was completed on 29 December 2025. As a result, Honbridge Holdings Limited no longer holds any equity interest in Shandong Forever New Energy Technology Co., Ltd. Triumphant Glory and Geely Auto sold approximately 24.5% and 17.0% equity interests, respectively, to Suzhou Aplesi for RMB9,290,000 and RMB5,510,000. Additionally, related debt assignments were completed at nil consideration.

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. Honbridge Holdings Limited 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-20251229-11969200), on December 29, 2025, and is solely responsible for the information contained therein.

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