--- title: "HAIQ Group major asset restructuring progress: still in negotiation, results are uncertain" type: "News" locale: "en" url: "https://longbridge.com/en/news/259493965.md" description: "Hainan HAIQI Transportation Group Co., Ltd. announced the progress of its major asset restructuring, planning to acquire control of the Huatian project through cash and/or asset acquisition, without involving the issuance of shares or fundraising. Due to intense competition in the domestic duty-free market and a slowdown in consumer demand, the performance of the target company did not meet expectations, and the transaction plan is still under negotiation, with significant uncertainty regarding its final implementation. The company will disclose relevant information in a timely manner in accordance with regulations" datetime: "2025-09-30T09:40:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259493965.md) - [en](https://longbridge.com/en/news/259493965.md) - [zh-HK](https://longbridge.com/zh-HK/news/259493965.md) --- # HAIQ Group major asset restructuring progress: still in negotiation, results are uncertain Hainan HAIQI Transportation Group Co., Ltd. announced the progress of its major asset restructuring. The company plans to acquire control of the Hualing project after its spin-off through cash and/or asset payments, without involving the issuance of shares or supporting fundraising, with the specific asset scope to be negotiated. The original restructuring plan had intended to issue shares and raise funds, with significant adjustments planned for September 2024. Since the adjustment, the company has continuously disclosed progress. Affected by intense competition in the domestic duty-free market and a slowdown in consumer demand, the performance of the target company has not met expectations, and the company is still in repeated discussions and negotiations with all parties. The transaction plan needs to undergo decision-making and approval procedures, and there is significant uncertainty regarding its final implementation. The company will disclose information in a timely manner in accordance with regulations ### Related Stocks - [603069.CN](https://longbridge.com/en/quote/603069.CN.md) ## Related News & Research - [It will take 4 months for Hormuz flows to recover to 80% of prewar levels, says RBC's Helima Croft](https://longbridge.com/en/news/287107826.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md) - [11:23 ETTOUS les JOURS BRINGS OFFICIAL BTS THE CITY ARIRANG POP-UP EXPERIENCE TO LAS VEGAS BAKERY CAFÉS](https://longbridge.com/en/news/286793282.md) - [Phú Quý special zone leverages tourism, fisheries for sustainable development](https://longbridge.com/en/news/286699206.md)