Huazhang Technology Delays Circular on Major Bankruptcy Restructuring Acquisition

Reuters
Feb 02
Huazhang Technology Delays Circular on Major Bankruptcy Restructuring Acquisition

Huazhang Technology Holding Limited has announced a further delay in the despatch of its circular regarding participation in bankruptcy restructuring proceedings that led to the acquisition of a debtor company. The company confirmed that Zhejiang Huazhang has agreed to invest a total of RMB95,693,842.33 into the debtor company, with the funds to be used for settling outstanding verified debts. The circular is now expected to be sent on or before 28 February 2026, subject to the completion of required information.

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. Huazhang Technology Holding 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-20260202-12010028), on February 02, 2026, and is solely responsible for the information contained therein.

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