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SY Holdings Group Limited ( (HK:6069) ) has shared an update.
SY Holdings Group Limited has issued a supplemental announcement clarifying details of its amended financial assistance arrangement with affiliated company Ocean Holdings Factoring. The group disclosed that Ocean Holdings Factoring’s latest audited net assets stand at approximately RMB736 million as of 31 December 2024, and that, based on its current estimates, the maximum financial assistance the group expects to provide to this affiliate will not exceed RMB2.36 billion between 1 January 2026 and 31 December 2027. The company added that it will observe additional Hong Kong listing requirements, including seeking shareholder approval, if the financial assistance during this period surpasses the stated cap and triggers a higher notifiable transaction classification, underscoring its focus on regulatory compliance and transparency in managing sizeable intra-group financing.
The most recent analyst rating on (HK:6069) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on SY Holdings Group Limited stock, see the HK:6069 Stock Forecast page.
More about SY Holdings Group Limited
SY Holdings Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through a group structure that includes subsidiaries providing financial services such as financial assistance and factoring support to affiliated entities in mainland China.
Average Trading Volume: 6,848,587
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.58B
For detailed information about 6069 stock, go to TipRanks’ Stock Analysis page.