GON TECHNOLOGY (02768.HK): acquisition of 80% stake completed
- The Company has paid the first instalment of the consideration and completed the registration or filing procedures with the PRC market supervision authorities for the transfer of the target equity.
- Following completion, the Company has become the legal and beneficial owner of 80% of the target company's equity interests.
NewTimeSpace News: On 14 October 2026, Qingdao Gon Technology Co., Ltd. (stock code: 02768.HK) announced, with reference to its announcement dated 12 October 2026 on the disclosable transaction relating to the acquisition of the target company's equity interests, that as the Company has paid the first instalment of the consideration and completed the registration or filing procedures with the PRC market supervision authorities for the transfer of the target equity to the Company, completion took place on 14 October 2026 in accordance with the terms and conditions of the equity acquisition agreement.
Following completion, the Company has become the legal and beneficial owner of 80% of the target company's equity interests. As the target company has become a controlling subsidiary of the Company, its financial results will be consolidated into the Group's consolidated financial statements.
