China City Infrastructure Group Updates on 60% Stake Acquisition in Target Company

Reuters

02/16

China City Infrastructure Group Updates on 60% Stake Acquisition in Target Company

China City Infrastructure Group Ltd. has provided supplemental information regarding its acquisition of a 60% equity interest in a target company. The vendor in this transaction is a PRC-incorporated company focused on supply chain finance-related software services and commercial factoring, with Ms. Zhang Jing holding a 30% shareholding. The target company had an unaudited net asset value of approximately HK$990,500 as of 31 December 2025.

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. China City Infrastructure Group 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-20260216-12026215), on February 16, 2026, and is solely responsible for the information contained therein.

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The vendor in this transaction is a PRC-incorporated company focused on supply chain finance-related software services and commercial factoring, with Ms. Zhang Jing holding a 30% shareholding. The target company had an unaudited net asset value of approximately HK$990,500 as of 31 December 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>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. China City Infrastructure Group 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-20260216-12026215), on February 16, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02349","symbol_name":"中国城市基础设施","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260216:nNDL9zZdH2:1","article_id":"2611010717","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611010717","pubTimestamp":1771237249,"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":"China City Infrastructure Group Ltd. has provided supplemental information regarding its acquisition of a 60% equity interest in a target company. 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