Fosun Commercial Development Acquires Majority Stake in Shangmeng Technology

Reuters

Feb 04

Fosun Commercial Development Acquires Majority Stake in Shangmeng Technology

Zhejiang Fosun Commercial Development Co., Ltd., an indirect wholly-owned subsidiary of Fosun International Limited, will increase its registered capital in Shangmeng Technology. Following the capital increase, Fosun Commercial Development will hold a 51.0879% equity interest in Shangmeng Technology, making Shangmeng Technology a subsidiary of Fosun International Limited.

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. Fosun International 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-20260204-12014158), on February 04, 2026, and is solely responsible for the information contained therein.

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Following the capital increase, Fosun Commercial Development will hold a 51.0879% equity interest in Shangmeng Technology, making Shangmeng Technology a subsidiary of Fosun International Limited.\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. Fosun International 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. 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