SIWI SCI & TECH (01202.HK): Terminates Possible Very Substantial Disposal of Subsidiary Interest via Public Listing

NewTimeSpace News: On 28 August 2026, Chengdu Siwi Science and Technology Company Limited (stock code: 01202) announced that the possible very substantial disposal of its entire interest in Putian New Materials by way of public listing has lapsed and been terminated.

According to the announcement, the public listing commenced on 29 August 2025 with an initial listing period of 20 business days (until 25 September 2025) during which no bids were received; the period was subsequently extended by 12 months on the same terms until 28 August 2026, and as no bids were received by the expiry of the extended period, the possible disposal lapsed and terminated on that date. The Board considers that the termination will not have any material adverse impact on the Group's financial position or business operations; should the Company decide to dispose of the interest via public listing again, an announcement will be made in accordance with the Listing Rules in due course.

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