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Lvji Tech unit signs RMB 85 million deal to transfer non-performing debt portfolio

PUBT·08/05/2026 13:47:32
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Lvji Tech unit signs RMB 85 million deal to transfer non-performing debt portfolio
  • LVJI Technology signed an agreement on Aug. 5, 2026 to transfer non-performing debts to Ning’ao Xincheng for RMB 85 million cash.
  • Payment due within three business days of signing; completion requires shareholder approval and receipt of the full consideration.
  • Debts had a carrying value of about RMB 45.29 million as of Dec. 31, 2025; expected book gain about RMB 39.72 million.
  • Transaction classified as a very substantial disposal under Hong Kong listing rules, triggering an extraordinary general meeting.


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. LVJI Technology Holdings Inc. 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-20260805-12274144), on August 05, 2026, and is solely responsible for the information contained therein.