Huicheng International Holdings: Holds 0.07% stake in Biren Technology
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Golden Ten Data reported on January 2 that Huicheng International Holdings (01146.HK) announced in Hong Kong that the Group, through Qingdao Huaxin Anchor Point, holds 1,702,550 ordinary shares of Shanghai Biren, accounting for approximately 0.07% of the issued share capital of Shanghai Biren, which have been converted into H shares of Shanghai Biren. Based on the closing price of HK$34.46 per Shanghai Biren H share on January 2, 2026, the fair value of the Group's equity in Shanghai Biren held through Qingdao Huaxin Anchor Point is HK$58,669,873 (equivalent to approximately RMB 52,991,803). After deducting the Group’s investment costs and related expenses, this investment will record a net gain compared to the Group’s initial investment cost in Qingdao Huaxin Anchor Point. The relevant Shanghai Biren H shares are subject to a twelve-month lock-up period.
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