(01520.HK) plans to acquire approximately 10% equity interest in Xin Qiao Capital Group for HK$15 million.

Wisdom Financial News App reported that SkyVision Holdings (01520.HK) announced that on July 14, 2025, the company, the first seller (Mr. Wu Zheng) and the second seller (Mr. Gao Chong) entered into an agreement. Under the agreement, the company conditionally agreed to acquire a total of 10,860 shares of the target company (Xin Qiao Capital Group Limited), accounting for approximately 10% of the total equity (or approximately 9.07% of the total issued shares after full dilution calculation following the conversion of all Xin Qiao preferred shares), for a price of 15 million Hong Kong dollars, which will be paid by issuing and distributing 37.5 million shares of consideration shares.