Truly International Holdings Limited (TRULY INT'L, 00732) has received confirmation from the Assets and Equity Exchange that its wholly owned subsidiary, Truly Opto-Electronics, emerged as the successful bidder for approximately 5.714% of the equity interests in Truly RS held by Renshou Industries. The winning tender price is RMB502.54 million.

The purchase forms part of a broader plan, previously approved by shareholders on 17 December 2025, to acquire up to 11.43% of Truly RS for no more than RMB1.05 billion. The tender deposits already paid will be applied toward the purchase price, net of exchange service fees.

A definitive transaction agreement between Truly Opto-Electronics and Renshou Industries was executed on 12 March 2026. Under the tender terms, the RMB502.54 million consideration must be settled in full within five working days of signing.

With the first tender completed, Truly INT'L moves closer to its stated acquisition target while remaining within the shareholder-approved budget ceiling.