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Xinchen China Power Calls EGM to Ratify Equity Acquisition Deal

Story Highlights
  • Xinchen China Power has convened a 20 January 2026 EGM to seek shareholder approval for an equity acquisition involving its engine-making subsidiary.
  • Shareholders will vote by poll to ratify the acquisition agreement and authorise directors to take all necessary steps to complete the transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xinchen China Power Calls EGM to Ratify Equity Acquisition Deal

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Xinchen China Power Holdings Ltd. ( (HK:1148) ) just unveiled an announcement.

Xinchen China Power Holdings has called an extraordinary general meeting in Hong Kong on 20 January 2026 for shareholders to consider and approve an equity acquisition agreement signed on 16 October 2025 involving its subsidiary Mianyang Xinchen Engine as purchaser, Shanxi Lantian Industrial Group as vendor and Zhonghang Lantian Equipment Manufacturing as the target company. Shareholders will vote by poll on ratifying the acquisition and authorising any director to execute all necessary documents and actions to implement the transaction, reinforcing formal shareholder backing for the deal and the board’s discretion to complete it.

The most recent analyst rating on (HK:1148) stock is a Hold with a HK$0.35 price target. To see the full list of analyst forecasts on Xinchen China Power Holdings Ltd. stock, see the HK:1148 Stock Forecast page.

More about Xinchen China Power Holdings Ltd.

Xinchen China Power Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates in the power and engine manufacturing sector through subsidiaries such as Mianyang Xinchen Engine Co., Ltd., serving China’s automotive and industrial markets.

Average Trading Volume: 1,578,879

Technical Sentiment Signal: Hold

Current Market Cap: HK$403.9M

For detailed information about 1148 stock, go to TipRanks’ Stock Analysis page.

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