NVC International (2222) Announces Disposal of ETIC Shares

Bulletin Express
2025/10/28

NVC International Holdings Limited (stock code: 2222) disposed of 5,410,000 shares in Elec-Tech International Co., Ltd. (ETIC) on 28 October 2025 through block trade transactions on the Shenzhen Stock Exchange. The aggregate consideration was approximately RMB13.09 million, equating to around RMB2.42 per share, representing a discount of about 5% to the previous closing price. Over the past 12 months, the company had also disposed of 7,840,000 ETIC shares for about RMB17.81 million.

Following these disposals, NVC International now holds 7,113,832 ETIC shares, which is roughly 0.4% of ETIC’s total issued shares. The combined transaction value from these disposals comes to approximately RMB30.90 million, and an unaudited gain of about RMB13.92 million is expected based on the difference between sale proceeds and the original investment costs. In line with the Listing Rules, the disposal has crossed the 5% threshold but remains below 25%, constituting a discloseable transaction subject to reporting and announcement requirements.

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