Shenghui Cleanness Sells 19% Stake to Huali Asia Industries

Reuters

Jan 16

Shenghui Cleanness Sells 19% Stake to Huali Asia Industries

Shenghui Cleanness Group Holdings Ltd. has announced a change of substantial shareholder following a conditional sale and purchase agreement between Sunrise Cleanness Investment Holdings Limited, a company wholly-owned by executive director Mr. Chen Liming, and Huali (Asia) Industries Co., Limited. Under the agreement, Sunrise Cleanness Investment Holdings Limited will dispose of 370,449,650 ordinary shares, representing 19% of Shenghui’s issued shares, to Huali (Asia) Industries. Upon completion, Sunrise Cleanness will retain 6.3% of the company’s shares and cease to be a substantial shareholder, while Huali (Asia) Industries will become a substantial shareholder with a 19% stake. Completion is subject to certain conditions precedent and is expected within five business days of the agreement’s execution.

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. Shenghui Cleanness Group 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-20260116-11993959), on January 16, 2026, 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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