Hing Yip Holdings Sells 31% Stake in Guangdong Nanhong Civil Explosives for RMB 106 Million

Reuters

Sep 30

<a href="https://laohu8.com/S/00132">Hing Yip</a> Holdings Sells 31% Stake in Guangdong Nanhong Civil Explosives for RMB 106 Million

Hing Yip Holdings Limited announced that it has entered into an agreement to sell a 31% equity interest in Guangdong Nanhong Civil Explosives Co., Ltd. to Hongda Explosive. The consideration for the transaction is RMB105,932,363, which is approximately HK$115,784,000. According to Hing Yip Holdings, no shareholders are materially interested in the disposal, and the transaction is part of the company's ongoing business activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hing Yip Holdings Limited published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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.

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