Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China ITS Holdings Co., Ltd. ( (HK:1900) ) has provided an update.
China ITS (Holdings) Co., Ltd. disclosed that its non-wholly owned subsidiary Hengying Intelligent Aviation has applied to fully redeem two Huaan Securities wealth management products, each with a principal of RMB10 million. The products, Huaan Zunxiang Jijiying No. 7 and Zunxiang Yueyueying No. 5 collective asset management plans, are non-guaranteed floating-income instruments originally structured with 10-year terms subject to extension.
The redemptions, submitted on 15 May 2026, are expected to generate a combined unaudited gain of about RMB1.19 million, reflecting the difference between the subscription amounts and anticipated redemption proceeds. On an aggregated basis, the size of the redemptions crosses the 5% threshold but remains below 25% under Hong Kong listing rules, making them disclosable transactions that signal active treasury management but without triggering higher-level shareholder approval requirements.
More about China ITS Holdings Co., Ltd.
China ITS (Holdings) Co., Ltd. is a provider of infrastructure technology-related products, specialized solutions and services in mainland China and overseas markets. Hengying Intelligent Aviation, a non-wholly owned subsidiary, participates in financial and investment activities alongside its core technology operations.
Average Trading Volume: 821,788
Technical Sentiment Signal: Hold
Current Market Cap: HK$438.6M
See more data about 1900 stock on TipRanks’ Stock Analysis page.