New Concepts Holdings Acquires 12% Stake in Guangxi Ronghe Bioenergy for RMB24 Million
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.
New Concepts Holdings Limited has announced a discloseable transaction involving the acquisition of a 12% equity interest in Guanxi Ronghe Bioenergy Technology Co., Ltd. The agreement was entered into on 26 November 2025 between an indirect wholly-owned subsidiary of New Concepts Holdings, the vendor Xiamen Nuohongsheng Trading Co., Ltd., Xiamen C&D Commodities Limited, and the target company. The total consideration for the acquisition is RMB24 million. Under Hong Kong Listing Rules, the transaction qualifies as a discloseable transaction, requiring notification and announcement but not shareholder approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Concepts Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251126-11929621), on November 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
