---
title: "MeiG Smart to Acquire Full Stake in Property-Holding Unit for Up to RMB285 Million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287971706.md"
description: "MeiG Smart Technology Co., Ltd. has announced its subsidiary, ZhongGe Smart, will acquire 100% of a property-holding unit from Minhang Investment for up to RMB285.49 million. This acquisition, classified as a discloseable transaction under Hong Kong listing rules, aims to enhance MeiG Smart's asset base and operational capacity, supporting its growth in the smart technology sector."
datetime: "2026-05-28T15:10:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287971706.md)
  - [en](https://longbridge.com/en/news/287971706.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287971706.md)
generator: "portal-rs"
---

# MeiG Smart to Acquire Full Stake in Property-Holding Unit for Up to RMB285 Million

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MeiG Smart Technology Co., Ltd. Class H ( (HK:3268) ) has issued an announcement.

MeiG Smart Technology’s wholly owned subsidiary ZhongGe Smart has agreed to acquire 100% of the equity interests and related debts of a target company from Minhang Investment, which wholly owns a target property, for a consideration not exceeding RMB285.49 million. Upon completion, the target company will become an indirect wholly owned subsidiary and its financial results will be consolidated, with the deal classified as a discloseable transaction under Hong Kong listing rules, signaling a strategic expansion of MeiG Smart’s asset base and operational capacity.

The consideration was set after arm’s length negotiations and based on an independent valuation that assessed the target company’s owners’ equity at about RMB100.90 million as of the appraisal date. The transaction structure, valuation approach, and regulatory classification suggest MeiG Smart is using a measured, compliance-driven acquisition to reinforce its balance sheet and real estate resources, which may enhance its flexibility for future business development and support its positioning in the smart technology sector.

**More about MeiG Smart Technology Co., Ltd. Class H**

MeiG Smart Technology Co., Ltd. is a China-incorporated company listed in Hong Kong, operating in the smart technology and electronics sector through subsidiaries such as ZhongGe Smart. The group focuses on intelligent hardware and related solutions, leveraging property and asset acquisitions to support its operational footprint and growth in the mainland Chinese market.

**Average Trading Volume:** 2,278,066

**Current Market Cap:** HK$11.76B

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**