Chongqing Machinery & Electric Sells Branch Asset Package for RMB4.89 Million

Reuters

11/27

Chongqing Machinery & Electric Sells Branch Asset Package for RMB4.89 Million

Chongqing Machinery & Electric Co., Ltd. has announced the sale of a target asset package from its Shengpu Technology branch to Chongqing Zhuoyue Industrial Development Co., Ltd., a subsidiary of its controlling shareholder. The transaction, valued at RMB 4,885,400, was agreed on November 27, 2025, with completion set for November 30, 2025. The deal is classified as a connected transaction under Hong Kong listing rules but is exempt from independent shareholders' approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chongqing Machinery & Electric Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930995), on November 27, 2025, and is solely responsible for the information contained therein.

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The transaction, valued at RMB 4,885,400, was agreed on November 27, 2025, with completion set for November 30, 2025. The deal is classified as a connected transaction under Hong Kong listing rules but is exempt from independent shareholders' approval.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chongqing Machinery &amp; Electric Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930995), on November 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1230","symbol_name":"工业集团企业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251127:nNDL9lP50r:1","article_id":"2586524263","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586524263","pubTimestamp":1764243322,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Chongqing Machinery & Electric Co., Ltd. has announced the sale of a target asset package from its Shengpu Technology branch to Chongqing Zhuoyue Industrial Development Co., Ltd., a subsidiary of its controlling shareholder. 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