China Hongqiao Group Ltd. Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction

Reuters

05-22

China Hongqiao Group Ltd. Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction

China Hongqiao Group Ltd. has announced an update regarding its intended acquisition transaction involving Hontron Holding and existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum & Power. On 22 May 2025, Hontron Holding entered into a Supplemental Agreement with these shareholders to facilitate the acquisition of target shares through the issuance of new shares. This follows previous announcements on 23 December 2024 and 6 January 2025 concerning the "agreement of intent for the acquisition of assets by issuance of shares." The board of directors of Hontron Holding had resolved and approved the proposal for the transaction on 6 January 2025. Further details are available in the restructuring report on the SZSE website.

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 Hongqiao Group Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.

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Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Hongqiao Group Ltd. Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Hongqiao Group Ltd. has announced an update regarding its intended acquisition transaction involving Hontron Holding and existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum &amp; Power. On 22 May 2025, Hontron Holding entered into a Supplemental Agreement with these shareholders to facilitate the acquisition of target shares through the issuance of new shares. 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Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-22 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Hongqiao Group Ltd. Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Hongqiao Group Ltd. has announced an update regarding its intended acquisition transaction involving Hontron Holding and existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum &amp; Power. On 22 May 2025, Hontron Holding entered into a Supplemental Agreement with these shareholders to facilitate the acquisition of target shares through the issuance of new shares. This follows previous announcements on 23 December 2024 and 6 January 2025 concerning the \"agreement of intent for the acquisition of assets by issuance of shares.\" The board of directors of Hontron Holding had resolved and approved the proposal for the transaction on 6 January 2025. 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China Hongqiao Group Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1166156734.SGD","symbol_name":"Fidelity Asian Smaller Companies A-ACC-SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDLbhrBXg:1","article_id":"2537837944","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537837944","pubTimestamp":1747920702,"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 Hongqiao Group Ltd. has announced an update regarding its intended acquisition transaction involving Hontron Holding and existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum & Power. 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Announces Supplemental Agreement in Hontron Holding Share Issuance Transaction\n    \n\n        China Hongqiao Group Ltd. has announced an update regarding its intended acquisition transaction involving Hontron Holding and existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum & Power. On 22 May 2025, Hontron Holding entered into a Supplemental Agreement with these shareholders to facilitate the acquisition of target shares through the issuance of new shares. This follows previous announcements on 23 December 2024 and 6 January 2025 concerning the \"agreement of intent for the acquisition of assets by issuance of shares.\" The board of directors of Hontron Holding had resolved and approved the proposal for the transaction on 6 January 2025. Further details are available in the restructuring report on the SZSE website.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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