PKU Resources (00618) Completes Partnership Establishment with Suzhou Aoze and Chongqing Jingjiahui

Stock News
Aug 25

PKU Resources (00618) announced that on May 7, 2025 (after HKEX trading hours), the company (as subordinate limited partner) entered into a partnership agreement with Suzhou Aoze (as general partner) and Chongqing Jingjiahui (as preferred limited partner). Under the partnership agreement, PKU Resources, Suzhou Aoze and Chongqing Jingjiahui agreed to establish a partnership enterprise with total capital commitment of RMB 100,010,000, comprising contributions from: (i) Suzhou Aoze of RMB 10,000; (ii) PKU Resources of RMB 30 million; and (iii) Chongqing Jingjiahui of RMB 70 million. PKU Resources' capital commitment was to be settled through the injection of all equity interests in the disposal company (which as of the announcement date was Antai International Investment Group (Hong Kong) Limited, a wholly-owned subsidiary of the company) into the partnership enterprise. Consequently, PKU Resources' entry into the partnership agreement and capital contribution to the partnership enterprise resulted in a deemed disposal of the company's equity interests in the disposal company. The company has made its capital contribution under the partnership agreement, and the disposal transaction was completed on August 11, 2025.

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