Shenzhen Investment Clarifies Profit Guarantee for Jinghua Electronics Stake Disposal

Reuters
Yesterday
Shenzhen Investment Clarifies Profit Guarantee for Jinghua Electronics Stake Disposal

Shenzhen Investment Limited issued a supplemental announcement clarifying the profit guarantee arrangements tied to its disposal of a 70% equity interest in Jinghua Electronics. The company said its subsidiary Shum Yip Pengji provided the profit guarantee mainly to meet PRC securities regulatory requirements applicable to material asset restructurings involving A-share listed companies. It also outlined measures intended to protect Jinghua Electronics’ profitability during the guarantee period, including maintaining management stability and aligning incentives through the remaining 30% stake held by an entity linked to core management. Shenzhen Investment added that any compensation payable under the performance compensation agreement will be capped at the total consideration received in the transaction.

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. Shenzhen Investment 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-20260227-12031557), on February 27, 2026, and is solely responsible for the information contained therein.

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