Jinhui Holdings Cancels Vessel Disposal Agreement

Reuters

Jan 23

Jinhui Holdings Cancels Vessel Disposal Agreement

Jinhui Holdings Company Limited has announced the cancellation of its previously planned disposal of a vessel by its subsidiary, Jinbi Marine Inc. The agreement with the purchaser, initially valued at US$14.4 million, was terminated on 23 January 2026 due to the inability to fulfill a clause related to timely delivery. As a result, the initial deposit of US$1.44 million will be refunded to the purchaser according to the terms of the agreement. The company stated that the cancellation will not have any material adverse effect on its financial position or operations.

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. Jinhui Holdings 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-20260123-11999344), on January 23, 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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The agreement with the purchaser, initially valued at US$14.4 million, was terminated on 23 January 2026 due to the inability to fulfill a clause related to timely delivery. As a result, the initial deposit of US$1.44 million will be refunded to the purchaser according to the terms of the agreement. The company stated that the cancellation will not have any material adverse effect on its financial position or operations.Disclaimer: This news brief was created by Public Technologies  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. Jinhui Holdings Company Limited published the original content used to generate this news brief via IIS, the Issuer Informatio","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00137":"金辉集团","BK1103":"海运"},"translate_title":"金辉控股取消船舶处置协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00137":0.9},"content_text":"Jinhui Holdings Cancels Vessel Disposal Agreement\n    \n\n        Jinhui Holdings Company Limited has announced the cancellation of its previously planned disposal of a vessel by its subsidiary, Jinbi Marine Inc. The agreement with the purchaser, initially valued at US$14.4 million, was terminated on 23 January 2026 due to the inability to fulfill a clause related to timely delivery. As a result, the initial deposit of US$1.44 million will be refunded to the purchaser according to the terms of the agreement. 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