Announcement Regarding Zhen Ding Tech (4958) Disposal of Avary Holding (Shenzhen) Shares
Zhen Ding Tech announced on May 22, 2026, the disposal of 1,568,700 shares of its subsidiary, Avary Holding (Shenzhen) Co., Ltd., for a total value of RMB 145,245,933. The transaction is part of the company's asset funding plan and has no impact on earnings.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 23, 2026 at 07:06 (34 min after Collected)
## Announcement of Subsidiary Share Disposal by Zhen Ding Tech
- Date: May 23, 2026
- Announcement Date: May 22, 2026
- Company Code: 4958
- Company Name: Zhen Ding Tech
- Subject: Announcement of disposal of equity in Avary Holding (Shenzhen) Co., Ltd.
- Facts Occurred Date: May 22, 2026
## Transaction Details
1. Securities Name: Avary Holding (Shenzhen) Co., Ltd.
2. Transaction Date: May 22, 2026
3. Board Approval Date: May 22, 2026
4. Transaction Quantity: 1,568,700 shares
5. Price Per Unit: RMB 92.59 per share
6. Total Transaction Amount: RMB 145,245,933
7. Gain/Loss on Disposal: No impact on net profit after tax or earnings per share
8. Relationship with the Target Company: Subsidiary
9. Purpose: Company asset funding plan
10. Dissenting Opinions from Directors: None
11. Related Party Transaction: No
(Note: Holdings and financial proportions were calculated based on the closing price on May 22, 2026, and applicable exchange rates.)
- Date: May 23, 2026
- Announcement Date: May 22, 2026
- Company Code: 4958
- Company Name: Zhen Ding Tech
- Subject: Announcement of disposal of equity in Avary Holding (Shenzhen) Co., Ltd.
- Facts Occurred Date: May 22, 2026
## Transaction Details
1. Securities Name: Avary Holding (Shenzhen) Co., Ltd.
2. Transaction Date: May 22, 2026
3. Board Approval Date: May 22, 2026
4. Transaction Quantity: 1,568,700 shares
5. Price Per Unit: RMB 92.59 per share
6. Total Transaction Amount: RMB 145,245,933
7. Gain/Loss on Disposal: No impact on net profit after tax or earnings per share
8. Relationship with the Target Company: Subsidiary
9. Purpose: Company asset funding plan
10. Dissenting Opinions from Directors: None
11. Related Party Transaction: No
(Note: Holdings and financial proportions were calculated based on the closing price on May 22, 2026, and applicable exchange rates.)
FAQ
Why did Zhen Ding Tech sell shares of its subsidiary?
It was part of the company's asset funding plan.
Did this sale result in any profit?
The company stated that there is no impact on net profit or earnings per share.
What is the scale of the transaction?
1,568,700 shares were sold for approximately RMB 145.25 million.