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Jiangsu Horizon Chain Supermarket sells 18% stake in Haike Hongxin for RMB 25 million

PUBT·07/17/2026 09:47:47
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Jiangsu Horizon Chain Supermarket sells 18% stake in Haike Hongxin for RMB 25 million
  • Board resolutions dated July 17, 2026 set an exit from Haike Hongxin via sale of an about 18% stake for RMB 25 million.
  • Deal terms call for cash payment within 30 business days; closing scheduled within 30 business days of signing.
  • Board also terminated a planned RMB 53.21 million capital increase in Haike Hongxin; no funds were remitted.
  • Board reallocated HKD 58.55 million of unutilized placing proceeds from the capital increase to general working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangsu Horizon Chain Supermarket C. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260717-12248089), on July 17, 2026, and is solely responsible for the information contained therein.