SMIT realized S2C Shanghai investment with a pre-tax profit of 25.4 million yuan

AASTOCKS
2025.09.07 11:56

SMIT (02239.HK) announced that its 95.43% subsidiary S2C Holding is selling a 16% stake in S2C Shanghai to an independent third party, which is a supplier of hardware-based rapid verification systems and software, for a cash consideration of RMB 212 million. The pre-tax sale proceeds are expected to be approximately USD 25.4 million

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