BWI International (2339) Announces Continuing Connected Transactions and EGM on 19 December 2025

Bulletin Express
Dec 03, 2025

BeijingWest Industries International Limited (Stock Code: 2339) released a circular referencing two continuing connected transactions with its controlling shareholder BWI Group: a Mutual Technical Services Agreement and a Parts and Components Supply Agreement. Both agreements are set to run for three financial years ending on 31 December 2028.

Under the Mutual Technical Services Agreement, BWI Group would provide engineering and manufacturing-related administrative services to BeijingWest Industries International Limited and its subsidiaries, and vice versa. Proposed annual caps for the services received by the company are HK$138.8 million, HK$166.6 million, and HK$199.9 million from 2026 to 2028, while the caps for services provided to BWI Group are HK$195.9 million, HK$235.1 million, and HK$282.1 million for the same periods.

Under the Parts and Components Supply Agreement, the group would supply auto parts, including suspension and brake products, to BWI Group. Annual caps are set at HK$200.4 million, HK$220.4 million, and HK$242.5 million, respectively, from 2026 to 2028.

The company has scheduled an Extraordinary General Meeting on 19 December 2025 at 11:00 a.m., to be held at Two Pacific Place, Queensway, Admiralty, Hong Kong. Shareholders will consider and vote on the proposed transactions and their annual caps. BWI Group and its associates will abstain from voting. All relevant details, including proxy arrangements, appear in the circular dated 4 December 2025.

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