ORG Technology (002701.SZ) subsidiary plans to sell 80% of the shares in Belgium Beindu to Rexam Limited.

ORG Technology (002701.SZ) announced that the company signed a share purchase agreement with Rexam Limited on August 26, 2025. The company's subsidiary, Benepack Hong Kong Limited ("Benepack Hong Kong"), intends to sell 80% equity of its holding subsidiary Benepack Belgium N.V. ("Benepack Belgium") to Rexam Limited. The total enterprise value of the target company is 138 million euros, with the base price for 80% equity being 110.4 million euros. The final transaction price will be adjusted according to cash, liabilities, and operating capital on the delivery date, with an estimated adjusted transaction amount of approximately 50-60 million euros. After the equity transfer, Rexam Limited will hold 80% equity, Benepack Hong Kong will hold 20% equity, and Benepack Belgium will no longer be included in the company's consolidated financial statements. After the successful implementation of this transaction, it will help optimize the company's asset structure, improve asset operational efficiency, and reduce management costs. Through this transaction, the global strategic partnership between the company and Ball Corporation will continue to deepen; at the same time, it is expected that the transaction will generate certain investment returns and have a positive impact on the current operating performance.