HK Stock Market Move | Xinhua Winshare Publishing & Media (00811) opened nearly 3% higher, plans to acquire 100% equity of Sichuan Nationalities Publishing House for RMB 346 million.

Xinhua Winshare Publishing & Media (00811) opened nearly 3% higher, up 2.98% as of press time at HK$8.3, with a turnover of HK$6.9886 million. On the news front, Xinhua Winshare Publishing & Media announced that on September 21, 2026, the board of directors approved the "Resolution on the Company's Acquisition of 100% Equity of Sichuan Nationalities Publishing House Co., Ltd.," approving the relevant potential acquisition. The company (as buyer) intends to enter into an equity transfer agreement with Sichuan Xinhua Publishing & Distribution Group (as seller) for the potential acquisition, whereby Sichuan Xinhua Publishing & Distribution Group will agree to sell, and the company will agree to purchase, the target equity at a consideration of RMB 346 million. In recent years, the group has focused on its strategic planning and the development of its core publishing and distribution business. The target company holds an authoritative position and scale advantage in fields such as Tibetan-language, Yi-language, and ethnic academic publishing, and has accumulated rich ethnic ancient literature, academic resources, and a team of authors, with significant brand influence. The potential acquisition will help the company further improve its layout in the ethnic publishing content sector, enrich its content supply system, enhance industrial resilience and core competitiveness, and support the high-quality development of its core business. At the same time, it will help resolve the potential horizontal competition issue with the controlling shareholder and further ensure the company's governance compliance.