On 10 February 2026, Honworld Group Limited (2226) issued an update regarding a shortfall in its public float, as required under Rule 13.32B of the Listing Rules. To address this, two disposal proposals have been identified. One involves certain core connected persons (excluding Wuxing City Investment HK Company Limited, ultimately owned by Huzhou City Wuxing District State-owned Capital Supervision and Management Service Centre). The other proposal involves Wuxing City Investment HK Company Limited itself, which must secure formal approval from the relevant authority.
Under the first plan, intentions to sell are set to be confirmed before mid-March 2026, followed by prospective investor discussions and due diligence. Completion of any share disposals is expected on or before 23 July 2026. The second plan, subject to a black-out period ending in late March 2026 and additional approvals, aligns with a similar timetable, also targeting 23 July 2026 as the date for finalizing the transaction.
According to the announcement, Honworld Group Limited will continue to provide monthly updates on these proposals until the public float threshold is restored. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.