Honbridge Says RMB 382.5 Million Price for 51% Stake Reflects Valuation Approaches' Strengths and Limits

• Honbridge Holdings clarified on November 6, 2026, that its RMB 382.5 million acquisition consideration covers a 51% equity interest.
• The price reflects approximately 51% of the midpoint between asset-based and market valuations of RMB 629.06 million and RMB 833 million.
• The market approach supplied the final valuation of RMB 833 million as of April 30, 2026.
• An income-based valuation was rejected because negative operating cash flows and early-stage expansion plans prevented reliable forecasts.
• Historical losses made relying solely on the market valuation imprudent, despite improving operations; profitability and turnaround timing remained uncertain.

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. Honbridge Holdings Limited 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-20261106-12404588), on November 06, 2026, and is solely responsible for the information contained therein.