Feiyu Technology Announces Shareholder Change in PRC Entity
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Feiyu Technology International Company Ltd. (HK:1022) announced a change in shareholders of its PRC Operating Entity, Xiamen Guanghuan. Ms. Chen Yongchun transferred her 3% equity interest to Mr. Bi Lin, an executive director. This transfer maintains existing contractual arrangements and control over the PRC entities. The latest analyst rating for HK:1022 is a Hold with a price target of HK$1.00. Feiyu Technology operates in the technology sector and is listed on the Hong Kong Stock Exchange with a market cap of HK$1.24B.
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