Hongcheng Environmental Technology Acquires 100% Stake in Target Company

Reuters
01/26
Hongcheng Environmental Technology Acquires 100% Stake in Target Company

Hongcheng Environmental Technology Company Limited has reached an agreement for its indirect wholly-owned subsidiary to acquire 100% equity interest in Laizhou Jinxing Chemical Co., Ltd. The transaction involves the purchase of shares held by Mr. Sheng Yunti and Mrs. Sheng Wenfeng, with the completion of a prior corporate reorganisation transferring certain excluded assets to an entity owned by the vendors. Laizhou Jinxing Chemical Co., Ltd. is established in Laizhou city, Shandong province, and is linked to the Yinhai Chemical Industrial Park project, focused on chemical manufacturing and new energy industries.

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. Hongcheng Environmental Technology Co. 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-20260126-12001609), on January 26, 2026, and is solely responsible for the information contained therein.

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