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Tongguan Gold (00340.HK) intends to acquire 100% equity of Longxin Construction and Development Co., Ltd. for 260 million yuan.

19/12/2025

Smart Finance news app, Tongguan Gold (00340.HK) announced that on December 19, 2025, the company plans to acquire 100% equity of Longxin Construction Development Co., Ltd with a total price of 260 million yuan. The price will be paid by the company issuing a total of 110 million shares of consideration shares at the issue price of 2.6 Hong Kong dollars per share.

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