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Jiu Rong Shareholders Back Disposal of Hangzhou New Energy Charging Assets

Story Highlights
  • Jiu Rong shareholders approved selling 11 Hangzhou new energy charging stations and assets.
  • The fully backed disposal, worth about RMB185.3 million, may reshape Jiu Rong’s new energy exposure and capital allocation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jiu Rong Shareholders Back Disposal of Hangzhou New Energy Charging Assets

Meet Samuel – Your Personal Investing Prophet

Jiu Rong Holdings Limited ( (HK:2358) ) has issued an announcement.

Jiu Rong Holdings Limited has secured shareholder approval at an extraordinary general meeting on 16 January 2026 for the disposal of 11 new energy public transportation charging stations and related assets in Hangzhou by an indirect wholly owned subsidiary. The transaction, valued with reference to RMB185.3 million (approximately HK$201.4 million including PRC value-added tax), was passed by poll with 100% of the independent shareholders’ votes cast in favour, after the 9.99% shareholder SOYEA Technology and its associates abstained from voting as required. The board is now authorised to implement the sale and related joint operation arrangements, a move that will reallocate capital away from these charging assets and may reshape the company’s exposure within the new energy infrastructure segment while providing additional financial flexibility for its future operations.

More about Jiu Rong Holdings Limited

Jiu Rong Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong under stock code 2358. The group, through its subsidiaries, is involved in businesses that include new energy infrastructure, such as public transportation charging stations in mainland China, positioning it within the broader new energy and infrastructure services sector.

Average Trading Volume: 37,106,393

Technical Sentiment Signal: Sell

Current Market Cap: HK$54.72M

Find detailed analytics on 2358 stock on TipRanks’ Stock Analysis page.

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