BRETON to Acquire 21.96% Stake in Xingyuan Zhisheng for Zero Consideration

Stock News
05/12

BRETON (01333) announced that on May 11, 2026, the company entered into share transfer agreements with Mr. Zhang Xiaohui, Shanghai Dalangju New Materials Co., Ltd., and Shanghai Boxi (collectively referred to as the "transferors"). Pursuant to these agreements, the company agreed to acquire a total of 21.96% of the property shares in Xingyuan Zhisheng held by the transferors for a consideration of RMB 0, corresponding to a total subscribed capital contribution of RMB 10.98 million (none of which has been paid in). Upon completion of this acquisition, the company will become a limited partner of Xingyuan Zhisheng, entitled to rights and obligated to make capital contributions according to its subscribed capital amount. Xingyuan Zhisheng operates as a venture capital platform focusing on green, low-carbon, and new energy sectors. By acquiring the partnership interest and becoming a partner in the partnership, the company can leverage this professional investment platform to invest in high-quality enterprises within the green, low-carbon, and new energy fields, sharing in the industry's development benefits and enhancing the company's long-term value.

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