FLOWING CLOUD (06610) sells a total of 22,995,000 shares of Hebei Yichen Co., Ltd.
Feitian Cloud Dynamics (06610) announced that on February 5, 2026, the company sold a total of 22.995 million shares of Hebei Yichen shares on the open market, equivalent to approximately 10.24% of the total number of H shares issued by Hebei Yichen as of the date of this announcement, with a total price of approximately HK$139.7 million (excluding transaction costs).
FLOWING CLOUD (06610) announced that on February 5, 2026, the company sold a total of 22.995 million shares of Hebei Yichen shares on the open market, equivalent to approximately 10.24% of the total number of H shares issued by Hebei Yichen as of the date of this announcement. The total consideration is approximately 139.7 million Hong Kong dollars (excluding transaction costs).
After completion, the company's holding of Hebei Yichen shares will be reduced to 2.6 million shares.
It is expected that the Group will receive proceeds of approximately 139.7 million Hong Kong dollars (excluding transaction costs) from the sale, and confirm an unaudited loss of approximately 89.04 million Hong Kong dollars. This loss is calculated based on the difference between the proceeds received from the sale and the total cost of the relevant Hebei Yichen shares involved in the sale (approximately 103 million Hong Kong dollars).
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