Xishicar New Materials (06128) plans to sell its graphene production project in the United States.

date
02/12/2025
Intelligent Finance APP News, Xishi Electric Car New Materials (06128) announced that on December 1, 2025, the seller (company's wholly-owned subsidiary Happy Growth Group Limited), the buyer (M2i Global, Inc.), and the selling company (company's wholly-owned subsidiary Graphex Technologies LLC) entered into an agreement. Under this agreement, the seller intends to grant the buyer the option to purchase shares for a cash consideration of 500,000 US dollars (equivalent to 3.9 million Hong Kong dollars).