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Zhengye International Announces Property Disposal Transaction

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Zhengye International Announces Property Disposal Transaction

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An announcement from Zhengye International Holdings Co., Ltd. ( (HK:3363) ) is now available.

Zhengye International Holdings Co., Ltd. announced a discloseable transaction involving the sale of a property by its indirect wholly-owned subsidiary, Zhongshan Yongfa Zhizao Company Limited. The property, located in Zhongshan City, PRC, is being sold to Zhongshan Chenxi Plastic Products Co., Ltd. for RMB20,009,640. This transaction, which falls under Chapter 14 of the Listing Rules, requires notification and announcement due to its percentage ratio implications. The sale agreement specifies payment terms and a timeline for the completion of necessary registration with governmental authorities.

More about Zhengye International Holdings Co., Ltd.

Average Trading Volume: 49,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$200M

See more insights into 3363 stock on TipRanks’ Stock Analysis page.

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