CHINA IN-TECH (00464) Plans Investment in Dekun Asset Management (Hong Kong)

Stock News

Aug 22

CHINA IN-TECH (00464) announced that on August 22, 2025, the company (as potential subscriber) entered into a non-binding memorandum of understanding with Dekun Asset Management (Hong Kong) Limited (the target company) regarding the possible subscription of up to 30% of the target company's enlarged share capital. The consideration and other terms of the potential investment are subject to further negotiations among the parties to the memorandum of understanding.

The target company is an investment holding company incorporated in Hong Kong, China, which primarily provides virtual digital product trading services to users through its wholly-owned subsidiaries. Its indirect wholly-owned subsidiary is a company that sells online virtual digital top-up products through its e-commerce platform and provides sales and top-up services for such products.

Prior to making the potential investment, the company will conduct further due diligence on the target company and ensure compliance with all relevant laws and regulations.

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