Yeebo Sells 9.9 Million Nantong Jianghai Shares for RMB278.0 Million

Reuters
02/25
Yeebo Sells 9.9 Million Nantong Jianghai Shares for RMB278.0 Million

Yeebo (International Holdings) Ltd said its wholly owned subsidiary Billion Power Investment Limited sold 9,902,000 shares in Nantong Jianghai Capacitor Company Ltd on the Shenzhen Stock Exchange, representing about 1.16% of Nantong Jianghai’s issued share capital. The shares were disposed of in a series of on-market transactions for total consideration of RMB278.0 million (about HK$313.8 million), at an average selling price of around RMB28.08 per share, excluding transaction costs. After the disposal, Yeebo still holds 107,540,410 Nantong Jianghai shares, or about 12.64%, and expects an unaudited pre-tax gain of roughly HK$76 million, with proceeds intended for bank loan repayment, working capital and business development.

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. Yeebo (International Holdings) 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-20260225-12029932), on February 25, 2026, and is solely responsible for the information contained therein.

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