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U-space tech plans to sell 100% equity of Hengchangsheng Technology in Huizhou City for 27.1 million yuan.
Uspace Tech (01725) announced that on November 22, 2024, the company's wholly-owned subsidiary, Huizhou Hongshengchang Technology Co., Ltd., intends to sell 100% equity of Huizhou Hengchangsheng Technology Co., Ltd. to Huizhou Longming Technology Co., Ltd. for 27.1 million yuan. The main business of the target company is property holding, with its main assets being the target property. The target property is located at No. 11, Qingli Er Road, Shuikou Street, Huicheng District, Huizhou City, Guangdong Province, China. The target property consists of 4 buildings, including a 7-story production workshop, a 9-story dormitory, and two single-story guardhouses, with a total construction area of approximately 45,255 square meters.
Uspace Tech (01725.HK) plans to sell all the shares of Huizhou Hengchangsheng Technology for 27.1 million yuan.
On November 22, Gelonghui announced that uspace tech (01725.HK) entered into an agreement on November 22, 2024, where the seller, Huizhou Hongshengchang Technology Co., Ltd. (a wholly-owned subsidiary of the company), and the buyer, Huizhou Longming Technology Co., Ltd., will agree to a conditional sale. The seller conditionally agrees to sell, and the buyer conditionally agrees to purchase all of the target company's fully paid-up capital for a consideration of 27.1 million yuan. As of the date of this announcement, the target company is wholly owned by the seller. Upon completion, the seller will no longer hold any shares in the target company, and the target company will no longer...
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