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China Weaving Materials Holdings Ltd. ( (HK:3778) ) has issued an update.
China Weaving Materials Holdings Limited has provided additional details on the disposal of eight parcels of land and related premises in the Fengxin Industrial Zone, explaining that the consideration was set after arm’s length negotiations and based principally on an independent valuation commissioned by the purchaser in December 2025. The land was valued at about RMB13.3 million using a market approach adjusted for the remaining land-use period of approximately 36.5 years, while the premises were valued at about RMB31.7 million using a cost approach, bringing the total appraised value to roughly RMB45.0 million, compared with an estimated net book value of around RMB41.0 million as of December 2025. The board views the valuation and terms as fair and reasonable and sees the transaction as an opportunity to realise the value of these assets in a location where transfers are constrained by the need for consent from the Fengxin Industrial Zone Management Committee, which limits the market for such properties and underscores the strategic nature of the disposal for the group and its shareholders.
The most recent analyst rating on (HK:3778) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Weaving Materials Holdings Ltd. stock, see the HK:3778 Stock Forecast page.
More about China Weaving Materials Holdings Ltd.
China Weaving Materials Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the weaving and textile materials industry. The group’s activities involve ownership and use of industrial land and premises in the PRC to support its manufacturing and related operations.
Average Trading Volume: 11,257
Technical Sentiment Signal: Sell
Current Market Cap: HK$400.8M
See more data about 3778 stock on TipRanks’ Stock Analysis page.

