Huabao Flavours & Fragrances delays Huabao TechInno Project operational target to 31 December 2030

Reuters

Mar 20

Huabao Flavours & Fragrances delays Huabao TechInno Project operational target to 31 December 2030

Huabao Flavours, a subsidiary of Huabao International, adjusted the investment timetable for two projects funded by its IPO proceeds.
The Huabao TechInno Project’s target date to reach intended operational status was revised to 31 December 2030 from 30 June 2029.
The Huabao Digital Project’s target date to reach intended operational status was revised to 31 December 2028 from 31 December 2026.
Gross IPO proceeds were RMB2.38 billion, with net proceeds of RMB2.31 billion after issuance expenses.
As of 31 December 2025, Huabao Flavours had used RMB957.26 million, representing 41.41% of the net proceeds.

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. Huabao International Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12061396), on March 20, 2026, and is solely responsible for the information contained therein.

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