Zhixin Group Acquires Sand and Gravel Residuals and Land Use Rights

Reuters01-21

Zhixin Group Acquires Sand and Gravel Residuals and Land Use Rights

Zhixin Group Holding Ltd. announced that its wholly-owned subsidiary, Zhixin New Energy Technology (Longyan) Co., Ltd., has acquired approximately 3.8 million cubic meters of sand and gravel residuals from a quartz mine in Yongding District, Longyan City, following a successful public tender. Additionally, the company acquired industrial land use rights for two plots in Yongding District, Fujian Province, with a total site area of 24,407 square meters and a 50-year usage period. The transactions do not constitute notifiable transactions under Hong Kong Listing Rules.

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. Zhixin Group Holding 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-20260121-11997611), 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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