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Tiangong International Co. Ltd. ( (HK:0826) ) just unveiled an announcement.
Tiangong International has agreed to buy back a total of 5.29% of equity in its subsidiary TG Tools from existing financial investors Zhenjiang Qianyuan and Goldstone Advanced Materials Fund, who had originally subscribed to the stake in 2020. Under the equity transfer agreements signed on 7 January 2026, TG New Materials will acquire 1.76% from Zhenjiang Qianyuan for RMB179.64 million and 3.53% from Goldstone Advanced Materials Fund for RMB364.82 million, at pricing based on a 4% annual interest rate. The move, prompted by the investors’ intention to exit, is aimed at simplifying TG Tools’ shareholding structure and taking advantage of a lower financing cost environment, and constitutes a discloseable transaction under Hong Kong listing rules, requiring announcement but not shareholder approval.
The most recent analyst rating on (HK:0826) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Tiangong International Co. Ltd. stock, see the HK:0826 Stock Forecast page.
More about Tiangong International Co. Ltd.
Tiangong International Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including TG Tools, TG New Materials, TG Hong Kong and TG Precision Tools, focusing on advanced materials and tool-related businesses in mainland China and abroad.
Average Trading Volume: 26,485,820
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.58B
See more insights into 0826 stock on TipRanks’ Stock Analysis page.