China Weaving Materials (3778) Announces USD4.74 Million Equipment Purchase from Murata Machinery

Bulletin Express

Nov 27, 2025

China Weaving Materials Holdings Limited (3778) disclosed a transaction involving its indirect wholly-owned subsidiary, Jiangxi Jinyuan, entering into a purchase contract dated 27 November 2025 with Murata Machinery, Ltd. The agreement covers 12 sets of Murata Vortex Spinning Machines, totaling approximately USD4,740,000.

According to the announcement, the payment will be settled via letter of credit at sight before 15 December 2025, with delivery scheduled for April 2026. The vortex spinning machines are expected to boost production efficiency through high-speed, spindle-less technology, alongside energy savings compared to traditional ring spinning equipment. The company will fund this acquisition through internal resources and bank loans. Since the applicable percentage ratios under the Listing Rules exceed 5% but remain below 25%, the transaction constitutes a discloseable transaction subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.

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The agreement covers 12 sets of Murata Vortex Spinning Machines, totaling approximately USD4,740,000.</p>\n<p>According to the announcement, the payment will be settled via letter of credit at sight before 15 December 2025, with delivery scheduled for April 2026. The vortex spinning machines are expected to boost production efficiency through high-speed, spindle-less technology, alongside energy savings compared to traditional ring spinning equipment. The company will fund this acquisition through internal resources and bank loans. Since the applicable percentage ratios under the Listing Rules exceed 5% but remain below 25%, the transaction constitutes a discloseable transaction subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03778","symbol_name":"中国织材控股","start_time":0,"source_url":"","article_id":"1160964743","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160964743","pubTimestamp":1764233198,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Weaving Materials Holdings Limited (3778) disclosed a transaction involving its indirect wholly-owned subsidiary, Jiangxi Jinyuan, entering into a purchase contract dated 27 November 2025 with...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03778":"中国织材控股"},"translate_title":"中国织材(3778)宣布向村田机械采购474万美元设备","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03778":1},"content_text":"China Weaving Materials Holdings Limited (3778) disclosed a transaction involving its indirect wholly-owned subsidiary, Jiangxi Jinyuan, entering into a purchase contract dated 27 November 2025 with Murata Machinery, Ltd. 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