Yik Shing Group (08365.HK) proposes to issue 12,820,500 consideration shares to acquire a 20% equity interest in Zhenheng Intelligent Limited

Zhito Finance APP News, Yichen Group (08365.HK) announced that on September 14, 2026, the Company entered into an agreement with the seller, Mr. Ye Weilin, in respect of the acquisition. Pursuant to the agreement, the Company has conditionally agreed to acquire, and the seller has conditionally agreed to sell, the sale shares (representing 20% equity interest in the target company, Zhenheng Intelligent Limited), for a consideration of HK$10 million, which will be paid by way of allotment and issue of 12,820,500 consideration shares at an issue price of HK$0.78 per consideration share. Upon completion, the target company will become an associate of the Company.