Honbridge Holdings Limited has completed the sale of its equity interests in Shandong Forever New Energy Technology Co., Ltd. According to a company announcement, all conditions under the previously disclosed Equity Transfer Agreement have been fulfilled, and the transaction was completed on 29 December 2025. As a result, Honbridge Holdings Limited no longer holds any equity interest in Shandong Forever New Energy Technology Co., Ltd. Triumphant Glory and Geely Auto sold approximately 24.5% and 17.0% equity interests, respectively, to Suzhou Aplesi for RMB9,290,000 and RMB5,510,000. Additionally, related debt assignments were completed at nil consideration.

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