G CHINA FIN plans to acquire FortuneYi Investment Limited for 1 HKD

Zhitong
2025.04.25 11:21
portai
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G CHINA FIN's wholly-owned subsidiary Elite Sonic Limited plans to acquire all issued shares of FortuneYi Investment Limited for HKD 1, with the transaction expected to be completed on April 25, 2025. The target company indirectly owns Ningbo Zeying Flavor Co., Ltd. in China, which focuses on the production and sales of flavoring agents and tobacco flavors. The company has obtained ISO9001, ISO14001, and ISO45001 certifications, qualifying it to participate in tenders from tobacco manufacturers. The acquisition will help expand revenue sources and support the company's plan to resume share trading