9935 Ching Feng: Announcement of Asset Disposal by Subsidiary to Related Party
Ching Feng announced on May 25, 2026, that its subsidiary, Fuyue, plans to sell assets to a related party to support business expansion in Vietnam.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:14 (133h 42m after Collected)
Ching Feng announced on May 25, 2026, that its 100% owned subsidiary, Fuyue Responsibility Co., Ltd., plans to sell its land, buildings, and auxiliary equipment to Vietnam Ching Feng Responsibility Co., Ltd. This move is intended to optimize group resource allocation and support the expansion of the curtain business in Vietnam. The board of directors has approved the transaction and authorized the chairman to handle the matter at a price not lower than 70 billion Vietnamese Dong.
FAQ
Why is the asset being sold?
To optimize group resources and support the expansion of the curtain business in Vietnam.