Flowing Cloud Divests 22.995 Million Shares of Hebei Yichen

Deep News
02/09

Flowing Cloud (06610) announced that on February 5, 2026, the company sold a total of 22.995 million shares of Hebei Yichen on the open market. This represents approximately 10.24% of the total issued H-shares of Hebei Yichen as of the date of this announcement, for a total consideration of approximately HKD 13.97 million (excluding transaction costs).

Following the completion of this transaction, the company's holding in Hebei Yichen will be reduced to 2.6 million shares.

The Group expects to receive proceeds of approximately HKD 13.97 million (excluding transaction costs) from the sale and to recognize an unaudited loss of approximately HKD 89.04 million. This loss is calculated based on the difference between the consideration received from the sale and the total cost of the related Hebei Yichen shares involved (approximately HKD 103 million).

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