China Vered Financial Holding Corporation Limited has announced the acquisition of the issued share capital of a target company. The announcement, made on June 20, 2025, specifies that the financial results of the target company will not be consolidated into China Vered's financial statements. This transaction involves multiple parties, including the purchaser, a wholly-owned subsidiary of China Vered, and Vendor A, Integrated Winners Enterprises Limited, based in the British Virgin Islands. The acquisition is facilitated by independent experts and advisors, including Anglo Chinese, Ernst & Young (China) Advisory Limited Beijing Branch, and Forvis Mazars CPA Limited.
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.