Huazhang Technology Acquires Creditor's Rights in Public Auction

Reuters

2025/12/17

Huazhang Technology Acquires Creditor's Rights in Public Auction

Huazhang Technology Holding Limited announced the acquisition of creditor’s rights through a public auction. The transaction involves the purchase of creditor’s rights from a secured creditor of Baoshan Xingshengtai Paper Industry Co., Ltd. under a debt transfer agreement. The deal is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules and does not require shareholder 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. Huazhang Technology Holding Limited 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-20251217-11959141), on December 17, 2025, and is solely responsible for the information contained therein.

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