Announcement • May 14
Group of buyers completed the acquisition of 2.85% stake in Jiangsu HHCK Advanced Materials Co., Ltd. (SHSE:688535) from Lianyungang Deyufeng Investment Partnership Enterprise (Limited Partnership)
An undisclosed buyer agreed to acquire 2.85% stake in Jiangsu HHCK Advanced Materials Co., Ltd. (SHSE:688535) from Lianyungang Deyufeng Investment Partnership Enterprise (Limited Partnership) for approximately CNY 360 million on May 8, 2026. As part of consideration CNY 358.52 million is being paid against common equity of Jiangsu HHCK Advanced Materials Co., Ltd. for cash price of CNY 88.46 per share.
Caitong Fund Management Co., Ltd., Nuode Asset Management Co., Ltd., Horizon Asset Management Co. Ltd., Shenzhen Luchi Nanjiang Private Equity Investment Fund Management Co., Ltd., Guangdong Shangwei Investment & Management Co., Ltd, Yuexinyao (Beijing) Private Fund Management Co., Ltd., Shanghai Danyin Investment Management Center (limited partnership), GF Securities Co., Ltd. (SZSE:000776), Beijing yun Lang Investment Management Co., Ltd., CITIC Securities Asset Management Company Limited, Guolian Securities Asset Management Co., Ltd., Shenzhen Commando Capital Management Co., Ltd., Hangzhou Zhongda Junyue Investment Co., Ltd., J.P. Morgan Securities plc, Ningbo Ningju Asset Management Center (Limited Partnership), Beijing Pingfan Private Fund Management Co., Ltd., Zhijian (Shaoxing Keqiao) Private Equity Fund Management Co., Ltd., Ningbo Meishan Bonded Port Area Lingding Investment Management Co., Ltd., Shenzhen Junsheng Private Securities Fund Management Co., Ltd. and Shanghai Ningyuan Asset Management Co., Ltd. completed the acquisition of 2.85% stake in Jiangsu HHCK Advanced Materials Co., Ltd. (SHSE:688535) from Lianyungang Deyufeng Investment Partnership Enterprise (Limited Partnership) on May 14, 2026.