CHTC Fong's International (00641) Proposes to List 25% Stake in Yelin Textile Technology for Sale

Stock News
Dec 31, 2025

The company's indirectly wholly-owned subsidiary, Fong's National Dyeing & Finishing Guangdong, proposed on December 31, 2025, to sell its 25% equity interest in Yelin Textile Technology through a listed transfer on the Beijing Equity Exchange Co., Ltd. The minimum transaction price for the proposed sale has been set at RMB 33.98 million.

Currently, the Group is progressively divesting its non-core businesses to concentrate resources on further streamlining the corporate structure and comprehensively optimizing and integrating its core operations, thereby maximizing value for shareholders. The Board of Directors believes that if the proposed sale is finalized, it will realize capital appreciation and have a positive impact on the company's financial position.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10