New Concepts Holdings Acquires 12% Stake in Guangxi Ronghe Bioenergy for RMB24 Million
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New Concepts Holdings Limited has acquired a 12% equity stake in Guangxi Ronghe Bioenergy Technology Co., Ltd. for RMB24 million. The transaction, classified as a discloseable transaction under Hong Kong Listing Rules, was executed on November 26, 2025, and involves an indirect wholly-owned subsidiary of New Concepts Holdings and Xiamen Nuohongsheng Trading Co., Ltd. This acquisition does not require shareholder approval but necessitates notification and announcement.
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