---
title: "Tianjin Development Sells Entire Stake in Benefo Financial Leasing for RMB265 Million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273825668.md"
description: "Tianjin Development Holdings has announced the sale of its entire stake in Benefo Financial Leasing for RMB264.93 million to Tianjin Capital. This transaction, conducted through its subsidiary Tianjin Tai Kang, will result in Benefo ceasing to be a subsidiary of Tianjin Development following regulatory approvals. The sale reflects a strategic adjustment in Tianjin Development's portfolio in the financial leasing sector, adhering to Hong Kong Listing Rules for discloseable transactions."
datetime: "2026-01-27T10:08:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273825668.md)
  - [en](https://longbridge.com/en/news/273825668.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273825668.md)
---

# Tianjin Development Sells Entire Stake in Benefo Financial Leasing for RMB265 Million

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An announcement from Tianjin Development Holdings ( (HK:0882) ) is now available.

Tianjin Development Holdings has agreed to dispose of its entire equity interest in Benefo Financial Leasing Co., Ltd. through its 82.74%-owned subsidiary Tianjin Tai Kang, which will sell 100% of Benefo Financial Leasing to Tianjin Capital for RMB264.93 million (approximately HK$294.37 million), based on an asset-based valuation as at 30 September 2025 and in compliance with PRC state-owned asset transfer rules. Following completion and the required regulatory and state-owned asset approvals, Benefo Financial Leasing will cease to be a subsidiary of the group, with Tianjin Capital assuming all profits and losses from 30 September 2025 to completion, marking an adjustment to Tianjin Development’s portfolio exposure to financial leasing while meeting Hong Kong Listing Rules disclosure requirements for a discloseable transaction.

**More about Tianjin Development Holdings**

Tianjin Development Holdings Limited is a Hong Kong–incorporated investment holding company with diversified operations through subsidiaries, including financial services activities conducted via entities such as Benefo Financial Leasing Co., Ltd. The group leverages its platform and state-owned enterprise affiliations to participate in regulated sectors in mainland China, including financial leasing and related asset-based financing services.

**Average Trading Volume:** 374,267

**Current Market Cap:** HK$2.8B

For a thorough assessment of 0882 stock, go to TipRanks’ Stock Analysis page.

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