Hengxin Technology Amends Payment Terms for 39% Stake Sale in Target Company

Reuters2025-12-30
Hengxin Technology Amends Payment Terms for 39% Stake Sale in Target Company

Hengxin Technology Ltd. has entered into a supplemental agreement with the purchaser and Jiangsu Hengxin regarding the disposal of a 39% equity interest in the target company. The supplemental agreement, signed on 30 December 2025, amends the payment arrangement for the consideration of the transaction based on mutual negotiation among the parties. All other terms of the original equity transfer agreement remain unchanged. The company previously announced the disposal on 8 December 2025, and a circular with further details is expected to be sent to shareholders on or before 31 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. 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-20251230-11971341), on December 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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