Huiju Technology (01729) intends to acquire all the equity of De Jinchang Investment for HKD 460 million.

Zhito Finance APP News, Techtronic Industries (01729) announced that on August 28, 2025 (after trading hours), the company, the seller (Jin's Investment Limited), and the guarantor entered into a sale and purchase agreement. Under this agreement, the company conditionally agreed to purchase from the seller the sale shares equivalent to the entire issued share capital of De Jin Chang Investment Limited (the target company) for a consideration of HK$460 million, subject to compliance with the terms and conditions of the sale and purchase agreement. The consideration for the sale shares will be paid in cash of HK$130 million, while HK$330 million will be paid by the company through the issuance of consideration shares to the seller under a general mandate. Furthermore, under the sale and purchase agreement, the company is required to facilitate the target group in repaying shareholder debts not exceeding HK$190 million.