BRIGHTSTAR TECH to Sell Entire Stake in Anxu Technology for HK$110 Million

Deep News

2025/11/02

BRIGHTSTAR TECH (08446) announced on October 31, 2025, that the company (as the seller) has agreed to sell all issued shares of Anxu Technology Limited to Syno Strategy Ltd (as the buyer) for a total consideration of HK$110 million.

The divested group primarily engages in providing IT consulting services, hotel booking and conference planning services in China, as well as offering one-stop technical consulting solutions and operating e-commerce platforms. After reviewing the group's performance and strategic priorities, the board concluded that terminating non-core IT consulting, hotel booking, and conference planning operations in China would streamline business operations, reduce losses, and allow reallocation of management and financial resources to strengthen and expand the group's core video display solutions business—a move deemed beneficial to the company.

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