Hing Yip Holdings Sells 31% Stake in Guangdong Nanhong Civil Explosives for RMB 106 Million

Reuters
09/30
<a href="https://laohu8.com/S/00132">Hing Yip</a> Holdings Sells 31% Stake in Guangdong Nanhong Civil Explosives for RMB 106 Million

Hing Yip Holdings Limited announced that it has entered into an agreement to sell a 31% equity interest in Guangdong Nanhong Civil Explosives Co., Ltd. to Hongda Explosive. The consideration for the transaction is RMB105,932,363, which is approximately HK$115,784,000. According to Hing Yip Holdings, no shareholders are materially interested in the disposal, and the transaction is part of the company's ongoing business activities.

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. Hing Yip Holdings Limited published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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