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XJ INTL HLDGS (01765.HK) intends to transfer 80% equity of Nam Cheong Dongmei Education Technology and its subsidiary entity rights for a total valuation of 0.2365 billion yuan.
On April 25, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that on April 24, 2025, the buyer (Hunan Zhongxie Education Management Group Co., Ltd., with Mr. Peng Junxiang as the ultimate beneficial owner of the buyer) and the seller (SiChuan Shurui Enterprise Management Service Co., Ltd., a wholly-owned subsidiary of the Group) entered into an Equity Transfer agreement. According to this agreement, the seller conditionally agreed to transfer and the buyer conditionally agreed to acquire 80% equity of the target company and its subsidiary equity for a total valuation of RMB 0.2365 billion, including (i) the transfer price obtained by the seller and the repayment of shareholder debts temporarily set at RMB.
Express News | Xj International - Unit to Transfer 80% Stake in Nanchang Dongmei Education Technologyfor RMB236.5 Million
Express News | Xj International - Hearing of Appeal Was Heard With Judgment Reserved
XJ INTL HLDGS (01765.HK) will hold a Board of Directors meeting on April 30 to approve the interim results.
On April 16, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that the company will hold a Board of Directors meeting on April 30, 2025, to approve the interim results of the company and its subsidiaries for the six months ended February 28, 2025, and their release.
XJ INTL HLDGS: DATE OF BOARD MEETING
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
Market Cool On XJ International Holdings Co., Ltd.'s (HKG:1765) Earnings Pushing Shares 27% Lower
