Forgame Holdings Limited (Forgame) has completed the sale of its entire shareholding in Shenyang Jinbei Automotive Company Limited (Jinbei Automotive, SSE: 600609), disposing of 1.90 million Jinbei shares through a series of on-market transactions executed between 26 May and 18 June 2026.
Key transaction details • Final tranche: On 18 June 2026, Forgame sold 650,235 Jinbei shares for RMB2.12 million (HK$2.43 million) at an average price of RMB3.25 per share. • Cumulative sales: Across the period 26 May–18 June 2026, a total of 1.90 million shares were sold for RMB6.58 million (HK$7.56 million), implying an average selling price of RMB3.46 per share. • Post-transaction holding: Forgame no longer holds any Jinbei shares.
Financial impact Forgame expects to record a disposal loss of approximately RMB2.18 million, calculated as the difference between the aggregate consideration and the carrying value of the Jinbei shares in its 2025 accounts. Net proceeds, after transaction costs, are earmarked for general working capital and redeployment into fixed-coupon notes to enhance portfolio stability.
Regulatory classification Individually, the 18 June disposal falls below the 5% threshold under Chapter 14 of the Hong Kong Listing Rules. However, when aggregated with earlier sales in the period, one applicable percentage ratio exceeds 5% but remains below 25%, rendering the series a discloseable transaction subject to announcement requirements.
Counterparties Sales were executed on the open market; all counterparties are, to the best knowledge of Forgame’s board, independent third parties.
Background on Jinbei Automotive Jinbei Automotive designs and manufactures automotive interiors and seating systems, along with plastic and rubber vehicle components. According to its 2025 annual report, the company generated revenue of RMB4.56 billion and net profit of RMB399.62 million, with year-end net assets of RMB1.87 billion.
Forgame profile Headquartered in the Cayman Islands and listed on Hong Kong’s Main Board, Forgame develops and publishes web and mobile games and engages in the trading of electronic devices and semiconductors in mainland China.