China Deep Construction (02503.HK) plans to acquire 100% equity of Huajian Development Limited for approximately HK$213.6 million.

Intelligence Finance APP News, China Deep Construction Industry (02503.HK) announced that on November 6, 2025, the company intends to acquire a total of 100% equity of Huajian Development Co., Ltd. from Huajian Investment Limited, Huajian Consulting Limited, and Huajian Technology Limited, with a total consideration of approximately 213.6 million Hong Kong dollars. The company will issue and distribute approximately 403 million consideration shares at a price of HK$0.53 per share to the seller or its nominee. The target company is mainly engaged in investment holding.