The Mergers, Acquisitions and Reorganization Review Committee of the Shenzhen Stock Exchange has approved the proposed transaction involving the issuance of new shares by Hontron Holding to existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum & Power, to acquire their target shares. This update follows previous announcements in December 2024, January 2025, and May 2025 regarding the transaction. The process remains subject to the fulfillment or waiver of certain conditions precedent. Further updates will be provided as the transaction progresses, according to China Hongqiao Group Limited.
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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251210-11951477), on December 10, 2025, and is solely responsible for the information contained therein.