CHTC Fong's International Plans Sale of Associate Stake Through Public Listing

Reuters

Dec 31, 2025

CHTC Fong's International Plans Sale of Associate Stake Through Public Listing

Fong's National Engineering (Guangdong) Co., Ltd., an indirect wholly-owned subsidiary of CHTC Fong's International Company Limited, has initiated a listing-for-sale process to dispose of its equity interests in an associate. The process allows a potential transferee to acquire the interests, subject to the pre-emptive right of the other existing shareholder of Yelin Textile Technology. If the existing shareholder waives this right, the potential transferee will proceed to complete the transaction by entering into an equity transaction agreement within five business days of being determined.

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. CHTC Fong's International Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11972150), on December 31, 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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