China Digital Video Announces Capital Reduction in Joint Venture

Reuters
02/09
China Digital Video Announces Capital Reduction in Joint Venture

China Digital Video Holdings Limited has announced a major and connected transaction involving a capital reduction in a joint venture. The Board has approved the capital reduction, with independent non-executive directors confirming that the terms are fair and reasonable and on normal commercial terms. Details regarding the ultimate beneficial owners of the other joint venture partners, including Totem Vision, were also provided. The company has indicated a delay in the despatch of the related circular, with further information to be provided to shareholders in due course.

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 Digital Video 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-20260209-12019864), on February 09, 2026, and is solely responsible for the information contained therein.

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