Hengxin Technology Sells 39% Stake in Target Company for RMB500 Million

Reuters2025-12-31

Hengxin Technology Sells 39% Stake in Target Company for RMB500 Million

Hengxin Technology Ltd. has agreed to sell a 39% equity interest in a target company to a purchaser for RMB500.0 million in cash. The agreement was formalized between Hengxin Technology Ltd., the purchaser, and Jiangsu Hengxin, with the transaction details referenced in company announcements dated 8 December 2025 and 30 December 2025. The sale is subject to certain conditions as set out in the equity transfer agreement.

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-20251231-11973922), on December 31, 2025, and is solely responsible for the information contained therein.

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