Sincere Watch Acquires 51% Stake in Clean Energy Firm

Reuters
Feb 03
Sincere Watch Acquires 51% Stake in Clean Energy Firm

Sincere Watch (Hong Kong) Ltd. will acquire a 51% equity interest in Nantong Rongyu Energy Technology Co., Ltd., a company established in the People's Republic of China. The acquisition will be carried out through its wholly-owned subsidiary, Beijing Mai Li Wei Er Technology Co., Ltd., for a consideration of RMB 1,000,000 (approximately HK$1,120,000). The vendor in this transaction is Ms. Feng Meiying. The consideration will be settled by the issue of a promissory note.

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. Sincere Watch (Hong Kong) 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-20260203-12012524), on February 03, 2026, and is solely responsible for the information contained therein.

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