CIFI Holdings Acquires 50% Stake in Ningbo Haishu Xingli for RMB301.96 Million

Reuters01-21 21:23

<a href="https://laohu8.com/S/00884">CIFI Holdings</a> Acquires 50% Stake in Ningbo Haishu Xingli for RMB301.96 Million

CIFI Holdings (Group) Co. Ltd. has provided additional details regarding its recent transactions involving the disposal of its equity interest in Tianjin Hexin and the acquisition of a 50% equity interest in Ningbo Haishu Xingli. In the latest update, the company clarified that the consideration for acquiring the 50% shareholding in Ningbo Haishu Xingli was primarily based on the appraised net asset value of RMB623,618,000 as reflected in the valuation report, with the acquisition price set at RMB301,959,000. The company believes the acquisition is beneficial, given the valuation and terms agreed. The update also included further explanations regarding the differences between appraised and book asset values in the Tianjin Hexin transaction and the expected loss resulting from the disposal.

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. CIFI Holdings 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-20260121-11997539), on January 21, 2026, 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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Ltd. has provided additional details regarding its recent transactions involving the disposal of its equity interest in Tianjin Hexin and the acquisition of a 50% equity interest in Ningbo Haishu Xingli. In the latest update, the company clarified that the consideration for acquiring the 50% shareholding in Ningbo Haishu Xingli was primarily based on the appraised net asset value of RMB623,618,000 as reflected in the valuation report, with the acquisition price set at RMB301,959,000. The company believes the acquisition is beneficial, given the valuation and terms agreed. 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In the latest update, the company clarified that the consideration for acquiring the 50% shareholding in Ningbo Haishu Xingli was primarily based on the appraised net asset value of RMB623,618,000 as reflected in the valuation report, with the acquisition price set at RMB301,959,000. The company believes the acquisition is beneficial, given the valuation and terms agreed. The update also included further explanations regarding the differences between appraised and book asset values in the Tianjin Hexin transaction and the expected loss resulting from the disposal.\n      \n\n\nDisclaimer: 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. CIFI Holdings Group Co. 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