CHINA ORIENTAL (00581) subsidiary further acquires 1.6 million shares of Jiangsu Shentong Valve.
China Eastern Group (00581) announced that on December 31, 2025, its subsidiary Jinxi Heavy Industries conducted on-market transactions on the Shenzhen Stock Exchange, acquiring 1.6 million shares of Jiangsu Shentong at an average price of approximately RMB 15.83 per share (equivalent to approximately HKD 17.65 per share). The total consideration for the acquisition is approximately RMB 25.33 million (equivalent to approximately HKD 28.24 million), representing approximately 0.32% of the issued shares of Jiangsu Shentong as of the date of this announcement. The total consideration for the acquisition will be paid in cash and fully financed by the group's internal resources.
CHINA ORIENTAL (00581) announced that on December 31, 2025, its subsidiary Jinxi Heavy Industries conducted on-exchange transactions on the Shenzhen Stock Exchange, acquiring 1.6 million shares of Jiangsu Shentong Valve at an average price of approximately RMB 15.83 per share (equivalent to approximately HKD 17.65 per share). This acquisition represents around 0.32% of the total issued shares of Jiangsu Shentong Valve as of the date of this announcement, with a total consideration of approximately RMB 25.33 million (equivalent to approximately HKD 28.24 million). The total consideration for the acquisition will be paid in cash and fully funded by internal resources of the group.
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