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Truly International Holdings ( (HK:0732) ) just unveiled an announcement.
Truly International Holdings has moved forward with its plan to increase its stake in affiliate Truly RS, after shareholders approved proposed acquisitions of about 11.43% of the unit’s equity from Renshou Industries for up to RMB1.05 billion. The company aims to consolidate its interest in Truly RS via public tenders on the Assets and Equity Exchange, strengthening its control and potentially enhancing earnings contribution from this key asset.
The board announced that subsidiary Truly Opto-Electronics has successfully won the first public tender for approximately 5.714% of Truly RS’s equity at a price of RMB502.5425 million. A transaction agreement with Renshou Industries was signed on 12 March 2026, with the purchase price to be settled in full within five working days, marking a concrete step in executing the broader acquisition plan and signaling confidence in Truly RS’s long-term value.
The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.
More about Truly International Holdings
Truly International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and operates through subsidiaries such as Truly Opto-Electronics. The group is engaged in manufacturing and related businesses, with a focus on electronic and optoelectronic products, and maintains a strategic presence in Mainland China through investments like Truly RS.
Average Trading Volume: 1,967,199
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.83B
For a thorough assessment of 0732 stock, go to TipRanks’ Stock Analysis page.