Cheerwin Completes Major Acquisition, Makes Target a Wholly Owned Subsidiary

Cheerwin Group Limited ( (HK:6601) ) has shared an announcement.

Cheerwin Group Limited has completed a major transaction to acquire 100% equity interest in a target company, following the fulfilment of all conditions under the acquisition agreement and completion of the relevant industrial and commercial registration on 23 January 2026. With the target now becoming an indirect wholly owned subsidiary, Cheerwin will consolidate the financial results of the target group into its own statements, potentially expanding the group’s business scale and financial footprint and reinforcing its position in its operating markets.

The most recent analyst rating on (HK:6601) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Cheerwin Group Limited stock, see the HK:6601 Stock Forecast page.

More about Cheerwin Group Limited

Cheerwin Group Limited is a Hong Kong-listed company (Stock Code: 6601) incorporated in the Cayman Islands with limited liability, operating through a board comprising executive, non-executive and independent non-executive directors and engaged in consumer-related businesses in mainland China and the region.

YTD Price Performance: 10.50%

Average Trading Volume: 1,078,054

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$3.23B

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