Zhen Ding-KY Announces Disposal of Shares in Avary Holding (Shenzhen)
Zhen Ding-KY (4958) announced that its subsidiary, Mei Gang Industrial Co., Ltd., sold 9,941,200 shares of Avary Holding (Shenzhen) Co., Ltd. for over 920 million RMB. This is part of the company's asset planning and has no impact on its 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 07:07 (35 min after Collected)
Announcement Date: May 22, 2026
Company Name: Zhen Ding-KY (4958)
Subject: Announcement by subsidiary Mei Gang Industrial Co., Ltd. regarding the disposal of shares in Avary Holding (Shenzhen) Co., Ltd.
Details:
1. Name of Security: Avary Holding (Shenzhen) Co., Ltd.
2. Date of Transaction: May 22, 2026
3. Board Approval Date: May 22, 2026
5. Quantity, Price per unit, and Total amount: 9,941,200 shares, 92.59 RMB/share, Total: 920,455,708 RMB
6. Profit or Loss: No impact on net profit after tax or EPS
7. Purpose: Corporate asset planning
Note:
This transaction is not a related-party transaction and was conducted as a block trade.
Company Name: Zhen Ding-KY (4958)
Subject: Announcement by subsidiary Mei Gang Industrial Co., Ltd. regarding the disposal of shares in Avary Holding (Shenzhen) Co., Ltd.
Details:
1. Name of Security: Avary Holding (Shenzhen) Co., Ltd.
2. Date of Transaction: May 22, 2026
3. Board Approval Date: May 22, 2026
5. Quantity, Price per unit, and Total amount: 9,941,200 shares, 92.59 RMB/share, Total: 920,455,708 RMB
6. Profit or Loss: No impact on net profit after tax or EPS
7. Purpose: Corporate asset planning
Note:
This transaction is not a related-party transaction and was conducted as a block trade.
FAQ
What is the impact of Zhen Ding-KY's share disposal on earnings?
According to the announcement, there is no impact on net profit after tax or earnings per share (EPS).
Why were shares of Avary Holding sold?
The sale was conducted as part of the company's asset planning.
Is this a related-party transaction?
No, it is not a related-party transaction.