South China Holdings (00413) Announces Second Supplemental Information on Disposal of Land Use Right and Plant Building

Bulletin Express
01/28

South China Holdings Company Limited (Stock Code: 00413) issued a second supplemental announcement dated 28 January 2026 regarding the major transaction of disposing of land use right and a plant building. The Company noted that the sale and purchase agreement was originally announced on 24 December 2025 and supplemented on 5 January 2026, involving disposal assets valued at RMB290 million (approximately HK$318.7 million).

According to the latest update, the Purchaser informed the Company of changes to its shareholding structure that took effect on 16 January 2026. Following these changes, four entities and individuals now hold stakes in the Purchaser, namely Guangdong Zhongjin Industrial Investment Group Limited with 20%, Cheng Xianfeng with 15%, Dongguan City Haifang Runyuan Enterprise Management Limited with 45%, and Dongguan City Changjingyuan Technology Limited with 20%. Each ultimate beneficial owner is confirmed to be independent from and not connected with South China Holdings and its connected persons.

Other details in the previous announcements remain unchanged.

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