Hengxin Technology Ltd.HKEX: 1085

Very substantial acquisition in relation to shandong project

· Issued by Hengxin Technology Ltd. via HKEXnews

Filed with HKEX · Stock code 1085 · · 19 pages · English and Chinese

Summary by 6ix AI

Hengxin Technology Ltd. has announced a very substantial acquisition related to the Shandong Project through an EPC contract with Zibo Long’en, an indirect subsidiary of the company. The total contract price for the project is significant and requires shareholder approval due to its size, as it exceeds the threshold set by the Listing Rules. A circular with detailed information about the contract and the upcoming extraordinary general meeting will be sent to shareholders. The financing for the contract will be sourced from both internal resources and external bank loans.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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