YUK WING GP (01536.HK): Completes Acquisition of 65% of Anhui Runsheng Electric Power Technology, Grants Subscription Option

NewTimeSpace · 2026/09/22 18:37 · By Xuran Lin

On 22 Sep 2026, YUK WING GP (01536.HK) completed its acquisition of 65% of Anhui Runsheng Electric Power Technology and granted a subscription option.

Key Highlights:

Target is 65% of Anhui Runsheng Electric Power Technology; completion was on 22 Sep 2026, becoming an indirect non-wholly-owned subsidiary.
The deal and subscription option were disclosed in announcements of 12 Jun, 7 Jul, the 15 Jul circular and the 4 Aug EGM vote.
Consideration and option exercise terms were not disclosed; only completion and satisfied conditions were confirmed.

NewTimeSpace News: On 22 September 2026, Yuk Wing Group Holdings Limited (stock code: 01536) announced the completion of a major acquisition. The Board declared that, with all conditions precedent to the acquisition satisfied, completion was effected on 22 September 2026. Upon completion, the Company became beneficial owner of 65% of the target company, Anhui Runsheng Electric Power Technology Co., Ltd., which became an indirect non-wholly-owned subsidiary of the Company, and its financial statements will be consolidated into the Group's financial statements.

This refers to the Company's announcements dated 12 June and 7 July 2026, the circular dated 15 July 2026 and the results of the extraordinary general meeting voted on 4 August 2026, concerning (among other things) the acquisition and the grant of a subscription option. The target of the transaction is 65% of Anhui Runsheng Electric Power Technology, and the arrangements also involve granting a subscription option to the vendor or a related party.

The announcement did not disclose the consideration for the transaction, nor the specific exercise party, price and period of the subscription option, only confirming that all conditions precedent were met and completion effected. The target's financials will be consolidated into the Group from this period, and its specific impact on the Group's future revenue and profit remains to be seen.

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