Jingxi International (02339) announced that on July 15, 2025, its wholly-owned subsidiary Jingxi Poland entered into an asset transfer agreement with BWI Indiana, a fully-owned unit of Jingxi Heavy Industry (Beijing). Under the terms, Jingxi Poland will purchase manufacturing assets for approximately HK$9.73 million to produce passive shock absorbers and SARC products at its Polish facility. The acquisition encompasses Production Line I, Production Line II, and related components. Production Line I features specialized machinery tailored exclusively for assembling specific products. This strategic move aligns with Jingxi Poland's initiative to upgrade existing production capabilities to meet evolving design requirements for passive shock absorbers. Acquiring Production Line I enables immediate fulfillment of new shock absorber production demands without costly retrofitting of current infrastructure, thereby enhancing competitive positioning for future commercial opportunities. Simultaneously, obtaining Production Line II and components will establish full assembly capacity for SARC products, driving revenue growth and strengthening the facility's financial performance.
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