[Zhen Ding Tech] Announcement by subsidiary Mei Gang Industry regarding disposal of Peng Ding Holdings shares
Zhen Ding Tech (4958) announced that its subsidiary, Mei Gang Industry, sold 24 million shares of Peng Ding Holdings (Shenzhen) on May 21, 2026, for a total of 1.992 billion RMB. This is an internal group asset reallocation and does not affect consolidated financial performance.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 09:00
- 🔍 Collected: May 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 22, 2026 at 08:08 (8 min after Collected)
1. Security Name: Peng Ding Holdings (Shenzhen) Co., Ltd.
2. Date of Transaction: May 21, 2026
3. Date of Board Approval: May 21, 2026
4. Other Resolution Dates: N/A
5. Quantity, Unit Price, and Total Amount:
Quantity: 24,000,000 shares
Unit Price: 83 RMB/share
Total Amount: 1,992,000,000 RMB
6. Gain/Loss on Disposal: No impact on consolidated net profit or EPS.
7. Relationship with Target: Subsidiary
8. Current Cumulative Shareholding (including this transaction):
(1) Mei Gang Industry Co., Ltd.:
Quantity: 1,510,242,198 shares
Amount: 142,687,682,867.04 RMB
Percentage: 65.15%
Restrictions: None
(2) Ji Hui International Co., Ltd.:
Quantity: 132,402,775 shares
Amount: 12,509,414,182.00 RMB
Percentage: 5.71%
Restrictions: None
(Values estimated using Peng Ding's closing price of 94.48 RMB on May 21, 2026)
9. Ratios and Working Capital:
Percentage of Total Assets: 239.32%
Percentage of Owner Equity: 567.87%
Working Capital: 49,002,661,000 TWD
10. Purpose of Transaction: Corporate asset planning
11. Dissenting opinions: None
12. Related party transaction: No
13. Relationship with counterparty: N/A
14. Audit Committee Date: N/A
15. Previous Disclosure Date: N/A
16. Other Notes:
(1) Estimated amounts based on May 21, 2026 closing price of 94.48 RMB.
(2) RMB/TWD exchange rate: 4.6015.
(3) Method: Block trade, executed per local regulations.
2. Date of Transaction: May 21, 2026
3. Date of Board Approval: May 21, 2026
4. Other Resolution Dates: N/A
5. Quantity, Unit Price, and Total Amount:
Quantity: 24,000,000 shares
Unit Price: 83 RMB/share
Total Amount: 1,992,000,000 RMB
6. Gain/Loss on Disposal: No impact on consolidated net profit or EPS.
7. Relationship with Target: Subsidiary
8. Current Cumulative Shareholding (including this transaction):
(1) Mei Gang Industry Co., Ltd.:
Quantity: 1,510,242,198 shares
Amount: 142,687,682,867.04 RMB
Percentage: 65.15%
Restrictions: None
(2) Ji Hui International Co., Ltd.:
Quantity: 132,402,775 shares
Amount: 12,509,414,182.00 RMB
Percentage: 5.71%
Restrictions: None
(Values estimated using Peng Ding's closing price of 94.48 RMB on May 21, 2026)
9. Ratios and Working Capital:
Percentage of Total Assets: 239.32%
Percentage of Owner Equity: 567.87%
Working Capital: 49,002,661,000 TWD
10. Purpose of Transaction: Corporate asset planning
11. Dissenting opinions: None
12. Related party transaction: No
13. Relationship with counterparty: N/A
14. Audit Committee Date: N/A
15. Previous Disclosure Date: N/A
16. Other Notes:
(1) Estimated amounts based on May 21, 2026 closing price of 94.48 RMB.
(2) RMB/TWD exchange rate: 4.6015.
(3) Method: Block trade, executed per local regulations.
FAQ
What is the purpose of Zhen Ding-KY's sale of Peng Ding Holdings shares?
The purpose is to plan the strategic use of company assets and to review asset allocation.
Will this transaction impact the consolidated performance?
There will be no impact on the post-tax net profit or earnings per share (EPS) from this transaction.
What is the number of shares traded and the total amount?
24,000,000 shares were sold at 83 RMB per share, for a total amount of 1,992,000,000 RMB.
What is the shareholding ratio of Mei Gang Industrial Co., Ltd. in Peng Ding Holdings after the sale?
Including this transaction, Mei Gang Industrial Co., Ltd. holds 65.15% of Peng Ding Holdings shares.
What is the method of the transaction?
The transaction was conducted through a block trade (large volume trade).