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Huzhou Gas Co., Ltd. Class H ( (HK:6661) ) has shared an announcement.
Huzhou Gas Co., Ltd. has agreed to acquire a commercial property from Ruxin Construction, an associate of a connected person, for RMB42.75 million under a sale and purchase contract signed on 25 February 2026. The property, a 3,265.88 square meter bare-shell unit within a larger 12-building project in Huzhou, was valued at approximately RMB42.81 million by an independent valuer using comparison and income methods.
The consideration will be settled in a single payment by 15 April 2026, funded entirely from the company’s internal resources, and reflects arm’s length negotiations based on general commercial terms. The acquisition is expected to enhance Huzhou Gas’s asset base and operational footprint through additional self-owned premises, while also illustrating the company’s use of connected transactions within regulatory frameworks in Hong Kong’s capital market.
More about Huzhou Gas Co., Ltd. Class H
Huzhou Gas Co., Ltd. is a PRC-incorporated joint stock company whose H shares trade in Hong Kong, operating in the urban gas and related infrastructure sector. The company focuses on gas distribution and supporting facilities in Huzhou and surrounding areas, serving local residential, commercial and industrial users as part of China’s broader urban utility network.
Average Trading Volume: 1,500
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.02B
See more data about 6661 stock on TipRanks’ Stock Analysis page.