Xinchen China Power Holdings Limited (Stock Code: 1148) published an update regarding its major transaction on 28 November 2025. According to previous announcements dated 16 October 2025 and 14 November 2025, the company initially planned to despatch a circular on or before 28 November 2025, detailing additional information on its Equity Acquisition Agreement and related transactions.
Additional time is now required to finalize the circular’s contents. As a result, the company plans to despatch the circular on or before 31 December 2025, including further details on the Equity Acquisition Agreement and a notice of an Extraordinary General Meeting (EGM). The company has not disclosed any additional changes to the transaction, and all material terms previously announced remain unchanged.