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Zhengye International Sells Zhongshan Factory Property in Connected Transaction

Reuters2025-12-12

Zhengye International Sells Zhongshan Factory Property in Connected Transaction

Zhengye International Holdings Company Limited has announced a discloseable and connected transaction involving the disposal of property by its non-wholly owned subsidiary, Zhongshan Lianhe Hongxing Zhizao Company Limited. The purchaser is a connected party, being 60% owned by executive director and CEO Mr. Hu Jianpeng and 40% by Mr. Hu Jianli, both related to the company's chairman. The transaction, with consideration less than HK$10 million, is subject to reporting and announcement requirements under Hong Kong's Listing Rules but is exempt from circular and shareholders' approval requirements.

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. Zhengye International Holdings Company Limited 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-20251212-11954459), on December 12, 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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