Huicheng International Holdings Ltd. has announced a new equity investment by forming a partnership through its indirect wholly-owned subsidiary, Guangdong Junrui Industrial Co., Ltd. The partnership was formalized on June 11, 2025, with Guangdong Yida Huishun Equity Investment Management Partnership as general partner 1 and Zhuhai Sinosure Joint Investment Co., Ltd. as general partner 2. The partnership, known as Nanjing Yida Keshun Industrial Upgrade and Merge and Acquisition Investment Partnership, is aimed at pursuing industrial upgrades and mergers. This investment is considered a discloseable transaction under Hong Kong's Listing Rules, involving a percentage ratio of more than 5% but less than 25%. The board of directors of Huicheng International Holdings Ltd. has deemed the commercial terms fair, reasonable, and beneficial for the company and its shareholders.
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