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Gilston Group Wins Shareholder Approval to Sell Hubei Zipper Unit

Story Highlights
  • Shareholders overwhelmingly backed Gilston Group’s sale of its Hubei zipper unit.
  • The approved disposal supports portfolio reshaping in its garment accessories operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gilston Group Wins Shareholder Approval to Sell Hubei Zipper Unit

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China Apex Group Ltd. ( (HK:2011) ) has shared an announcement.

Gilston Group Limited said shareholders approved an equity transfer at an extraordinary general meeting held in Hong Kong on 30 March 2026. The sole ordinary resolution to dispose of the entire equity interest in KEE (Hubei) Zippers Manufacturing Company Limited by KEE (Guangdong) Garment Accessories Limited to Yichuang (Hubei) Zippers Manufacturing Company Limited passed with 99.99% of votes cast in favour.

The strong backing for the disposal authorises the board to execute all necessary documents and actions to complete the transaction and make any related adjustments. The move signals investor support for Gilston Group’s portfolio reshaping in its zipper and garment accessories operations, which may streamline its regional manufacturing footprint and refocus resources within its core business lines.

The most recent analyst rating on (HK:2011) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

More about China Apex Group Ltd.

Gilston Group Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries in the garment accessories and zipper manufacturing sector in mainland China. Its units include KEE (Guangdong) Garment Accessories Limited and KEE (Hubei) Zippers Manufacturing Company Limited, reflecting a focus on supplying components to the apparel and related industries.

Average Trading Volume: 16,000

Technical Sentiment Signal: Sell

Current Market Cap: HK$654.9M

For detailed information about 2011 stock, go to TipRanks’ Stock Analysis page.

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