Zhixin Group Holdings (02187.HK) subsidiary proposes to sell all equity of Xiamen Zhixin New Materials for 46.662 million yuan.

Wisdom Finance APP News, Zhixin Group Holdings (02187.HK) announced that on June 26, 2026 (after trading hours), the seller Xiamen Zhixin Building Materials Group Co., Ltd. (a wholly-owned subsidiary of the company) and the buyer Xiamen Special Economic Zone Construction Investment Building Materials Co., Ltd. and the company (as guarantor) signed a purchase agreement, under which the seller conditionally agrees to sell and the buyer conditionally agrees to purchase the target equity (i.e. all the shares of the target company Xiamen Zhixin New Materials Co., Ltd.), for a total consideration of RMB 46.662 million (equivalent to approximately HK$54 million).