Baiwang Co. Ltd. Acquires 35% Stake in Baiwangyun Overseas

Reuters

Dec 31, 2025

<a href="https://laohu8.com/S/06657">Baiwang Co</a>. Ltd. Acquires 35% Stake in Baiwangyun Overseas

Baiwang Co. Ltd. has announced a connected transaction involving a capital increase in its major subsidiary, Zhongwang Data Technology Co., Ltd. Under the terms of the agreement, Baiwang Co. Ltd. will subscribe for new shares in the subsidiary, resulting in a post-transaction shareholding structure where Huanqiu Zhilian will hold a 65% stake and Baiwang Co. Ltd. will hold a 35% stake in Zhongwang Data Technology. The capital contributions will amount to RMB 500,000 from Huanqiu Zhilian and RMB 269,230 from Baiwang Co. Ltd. The transaction is classified as a connected transaction under Chapter 14A of the Hong Kong Listing Rules, requiring reporting and announcement but exempt from circular and independent shareholders’ approval, as the highest applicable percentage ratio exceeds 1% but is less than 5%.

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. Baiwang Co. Ltd. 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-20251231-11974130), 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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Acquires 35% Stake in Baiwangyun Overseas","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/06657\">Baiwang Co</a>. Ltd. Acquires 35% Stake in Baiwangyun Overseas\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiwang Co. Ltd. has announced a connected transaction involving a capital increase in its major subsidiary, Zhongwang Data Technology Co., Ltd. Under the terms of the agreement, Baiwang Co. Ltd. will subscribe for new shares in the subsidiary, resulting in a post-transaction shareholding structure where Huanqiu Zhilian will hold a 65% stake and Baiwang Co. Ltd. will hold a 35% stake in Zhongwang Data Technology. 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Ltd. Acquires 35% Stake in Baiwangyun Overseas\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-31 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/06657\">Baiwang Co</a>. Ltd. Acquires 35% Stake in Baiwangyun Overseas\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiwang Co. 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ID: HKEX-EPS-20251231-11974130), on December 31, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1155","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251231:nNDLM2Wmk:1","article_id":"2595777015","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595777015","pubTimestamp":1767192714,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Baiwang Co. 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Ltd. will subscribe for new shares in the subsidiary, resulting in a post-transaction shareholding structure where Huanqiu Zhilian will hold a 65% stake and Baiwang Co. Ltd. will hold a 35% stake in Zhongwang Data Technology. The capital contributions will amount to RMB 500,000 from Huanqiu Zhilian and RMB 269,230 from Baiwang Co. Ltd. The transaction is classified as a connected transaction under Chapter 14A of the Hong Kong Listing Rules, requiring reporting and announcement but exempt from circular and independent shareholders’ approval, as the highest applicable percentage ratio exceeds 1% but is less than 5%.\n      \n\n\nDisclaimer: 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. Baiwang Co. Ltd. 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-20251231-11974130), on December 31, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}