---
title: "XXF Group details ownership of remaining 48.75% stake in sale-leaseback lessor"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292597126.md"
description: "XXF Group clarified the ownership of the remaining 48.75% stake in its sale-leaseback lessor. Jiangsu Phoenix Publishing and Media Group holds 21.25%, Jiangsu Xinhua Daily Media Group holds 10.63%, and Jiangsu Coastal Development Group holds 10%. The remaining 6.88% is held by Shanghai-listed Jiangsu Broadcasting Cable Information Network. The first three entities are wholly owned by the Jiangsu Provincial People’s Government."
datetime: "2026-07-14T09:16:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292597126.md)
  - [en](https://longbridge.com/en/news/292597126.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292597126.md)
generator: "portal-rs"
---

# XXF Group details ownership of remaining 48.75% stake in sale-leaseback lessor

-   XXF Group issued a supplemental clarification on its July 9, 2026 sale-and-leaseback disclosure, detailing ownership of the lessor’s remaining 48.75% stake. \* It said 21.25% is held by Jiangsu Phoenix Publishing and Media Group, 10.63% by Jiangsu Xinhua Daily Media Group, 10% by Jiangsu Coastal Development Group. \* The remaining 6.88% is held by Jiangsu Broadcasting Cable Information Network, a Shanghai-listed company (600959). \* It said Jiangsu Phoenix, Jiangsu Xinhua, Jiangsu Coastal are wholly owned by the Jiangsu Provincial People’s Government. 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. XXF Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260714-12243617), on July 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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