Hollwin Urban to Buy Smart City Firm for 50 Million Yuan

MT Newswires Live04-20

Hollwin Urban Operation Service (HKG:2529) agreed to acquire a smart city technology firm for 49.5 million yuan, according to an April 17 Hong Kong bourse filing.

Shares of the urban service and operation provider were up nearly 2% in Monday morning trade.

The company will purchase the entire equity interest in Hunan Liwei Zhongtian Technology Development from its controlling shareholder, Changsha Urban Development Group, and five individual shareholders.

The target provides intelligent systems engineering, smart city construction, and software development services.

The consideration will be paid in cash in stages, with 70% due at completion and the remainder subject to profit and receivables recovery targets over three years.

Hollwin said the acquisition will strengthen its smart city capabilities and support its expansion into technology-driven urban services.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2628715124?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-20 11:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2628715124","market":"sh","top_or_hot":-1,"title":"Hollwin Urban to Buy Smart City Firm for 50 Million Yuan","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/02529\">Hollwin Urban</a> Operation Service (HKG:2529) agreed to acquire a smart city technology firm for 49.5 million yuan, according to an April 17 Hong Kong bourse filing.</p><p>Shares of the urban service and operation provider were up nearly 2% in Monday morning trade.</p><p>The company will purchase the entire equity interest in Hunan Liwei Zhongtian Technology Development from its controlling shareholder, Changsha Urban Development Group, and five individual shareholders.</p><p>The target provides intelligent systems engineering, smart city construction, and software development services.</p><p>The consideration will be paid in cash in stages, with 70% due at completion and the remainder subject to profit and receivables recovery targets over three years.</p><p>Hollwin said the acquisition will strengthen its smart city capabilities and support its expansion into technology-driven urban services.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hollwin Urban to Buy Smart City Firm for 50 Million Yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHollwin Urban to Buy Smart City Firm for 50 Million Yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-04-20 11:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/02529\">Hollwin Urban</a> Operation Service (HKG:2529) agreed to acquire a smart city technology firm for 49.5 million yuan, according to an April 17 Hong Kong bourse filing.</p><p>Shares of the urban service and operation provider were up nearly 2% in Monday morning trade.</p><p>The company will purchase the entire equity interest in Hunan Liwei Zhongtian Technology Development from its controlling shareholder, Changsha Urban Development Group, and five individual shareholders.</p><p>The target provides intelligent systems engineering, smart city construction, and software development services.</p><p>The consideration will be paid in cash in stages, with 70% due at completion and the remainder subject to profit and receivables recovery targets over three years.</p><p>Hollwin said the acquisition will strengthen its smart city capabilities and support its expansion into technology-driven urban services.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHCO","symbol_name":"City Holding Company","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2628715124","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628715124","pubTimestamp":1776657449,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hollwin Urban Operation Service  agreed to acquire a smart city technology firm for 49.5 million yuan, according to an April 17 Hong Kong bourse filing.Shares of the urban service and operation provider were up nearly 2% in Monday morning trade.The company will purchase the entire equity interest in Hunan Liwei Zhongtian Technology Development from its controlling shareholder, Changsha Urban Development Group, and five individual shareholders.The target provides intelligent systems engineering, smart city construction, and software development services.The consideration will be paid in cash in stages, with 70% due at completion and the remainder subject to profit and receivables recovery targets over three years.Hollwin said the acquisition will strengthen its smart city capabilities and support its expansion into technology-driven urban services.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHCO":"City Holding Company","02529":"泓盈城市服务","BK4211":"区域性银行","BK1140":"环境与设施服务"},"translate_title":"Hollwin Urban将以5000万元收购智慧城市公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":1.5,"02529":1},"content_text":"Hollwin Urban Operation Service (HKG:2529) agreed to acquire a smart city technology firm for 49.5 million yuan, according to an April 17 Hong Kong bourse filing.Shares of the urban service and operation provider were up nearly 2% in Monday morning trade.The company will purchase the entire equity interest in Hunan Liwei Zhongtian Technology Development from its controlling shareholder, Changsha Urban Development Group, and five individual shareholders.The target provides intelligent systems engineering, smart city construction, and software development services.The consideration will be paid in cash in stages, with 70% due at completion and the remainder subject to profit and receivables recovery targets over three years.Hollwin said the acquisition will strengthen its smart city capabilities and support its expansion into technology-driven urban services.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2628715124","isCrawlerRequest":true}