New Focus Auto Tech Holdings Ltd. announced that its non-wholly owned subsidiary, New Focus Technology (Shanghai), has acquired land use rights for a plot in Qingpu District, Shanghai. The rights were obtained through a public bidding process for a consideration of RMB46.34 million. The transaction qualifies as a discloseable transaction under Hong Kong Listing Rules but does not require shareholder approval.
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. New Focus Auto Tech Holdings 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-20251230-11971191), on December 30, 2025, and is solely responsible for the information contained therein.