XJ International (1765) Announces Major Disposal with RMB540 Million Consideration and Sets EGM Date

Bulletin Express

Oct 23

XJ International Holdings Co., Ltd. (Stock Code: 1765) issued an announcement regarding a major transaction for disposing of its entire equity interests in two target companies, Weixian Giant Education Technology Co., Ltd. and Hebei Wuhu Property Development Co., Ltd. The total consideration is approximately RMB540 million, allocated partly to settle liabilities and partly to cover equity values.

According to the announcement dated 24 October 2025, purchasers will pay the consideration in multiple installments, with the disposal subject to shareholder approval under the Listing Rules. An Extraordinary General Meeting is scheduled for 14 November 2025 to seek approval for the disposal agreement.

The transaction stems from efforts to enhance liquidity and address existing debts, following the Group’s recorded net current liabilities as of 28 February 2025. Upon completion, the target companies will cease to be consolidated affiliated entities of XJ International Holdings Co., Ltd. and will be owned by the purchasers. The Board recommends shareholders vote in favor of the disposal to facilitate the Group’s financial plans.

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(Stock Code: 1765) issued an announcement regarding a major transaction for disposing of its entire equity interests in two target companies, Weixian Giant Education Technology Co., Ltd. and Hebei Wuhu Property Development Co., Ltd. The total consideration is approximately RMB540 million, allocated partly to settle liabilities and partly to cover equity values.</p>\n<p>According to the announcement dated 24 October 2025, purchasers will pay the consideration in multiple installments, with the disposal subject to shareholder approval under the Listing Rules. An Extraordinary General Meeting is scheduled for 14 November 2025 to seek approval for the disposal agreement.</p>\n<p>The transaction stems from efforts to enhance liquidity and address existing debts, following the Group’s recorded net current liabilities as of 28 February 2025. 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