Haier Smart Home Co., Ltd. Class H ( (HK:6690) ) has issued an announcement.
Haier Smart Home Co., Ltd. announced that its subsidiary, Haier Air-Conditioner, has entered into an Assets Transfer Agreement with Haier Group to acquire real estate assets of the Haier White Goods R&D Center. This acquisition, valued at RMB267.24 million, is intended to support the subsidiary’s research and development, testing, and office functions. The transaction is classified as a connected transaction under Hong Kong Listing Rules, requiring reporting and annual review but exempt from independent financial advisor opinions and shareholder approval. This strategic move is expected to enhance Haier Air-Conditioner’s operational capabilities and strengthen its position in the smart home industry.
More about Haier Smart Home Co., Ltd. Class H
Haier Smart Home Co., Ltd. is a leading company in the home appliance industry, primarily focusing on the development and production of smart home solutions. The company is known for its innovative products in air conditioning, refrigeration, and other white goods, with a strong market presence in China and globally.
YTD Price Performance: -4.36%
Average Trading Volume: 17,544,112
Technical Sentiment Signal: Sell
Current Market Cap: HK$269.2B
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