Yues International Sells 30% Stake in Subsidiary for RMB30 Million
Reuters
Dec 02
Yues International Sells 30% Stake in Subsidiary for RMB30 Million
Yues International Holdings Group Ltd. has announced the disposal of approximately 30% equity interests in its wholly-owned subsidiary, Goal Rise Logistics Investments Limited. The transaction was formalized through a sale and purchase agreement signed on 2 December 2025 with Mr. Zeng Xianyong, an independent third party. The consideration for the sale is RMB30 million. The proceeds from the transaction are intended to be used as general working capital for the Group. The disposal constitutes a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, requiring announcement but not shareholders' approval.
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