Hua Xin Building Materials (06655): Hua Xin Central Asia Investment (Wuhan) has signed a "Share Purchase Agreement" with Holderfin B.V.

Zhicheng Finance APP news, China National Building Material (06655) announced that on August 1, 2026, the buyer, Huaxin Central Asia Investment (Wuhan) Co., Ltd., and the seller, Holderfin B.V., signed a Share Purchase Agreement. According to this agreement, under the terms and conditions of the Share Purchase Agreement, the seller conditionally agrees to sell, and the buyer conditionally agrees to purchase the equity of the core target company indirectly and directly held by the seller. The transaction is conducted in two phases: Phase one (this transaction) is priced based on the core target company's enterprise value of $780 million for 100% equity, where the buyer will indirectly acquire a 67.623% stake in the core target company through the acquisition of three holding companies, with an acquisition price of approximately $527 million (subject to adjustments based on the cash, debt, non-trade receivables, and working capital situation of the core target company at closing); Phase two allows the buyer to exercise a subscription option or the seller to exercise a put option, enabling the acquisition of a 31.377% equity stake in the core target company directly held by the seller three years later, with the consideration for this part being the core target company's latest audited annual revenue (excluding additional revenue from capacity expansion) 2.4 31.377%, and not less than $280 million.