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Hope Education Group Announces Major Equity Disposal

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The latest announcement is out from Hope Education Group Co., Ltd. ( (HK:1765) ).

Hope Education Group Co., Ltd. has announced a significant transaction involving the disposal of 80% equity interests in a target company and its subsidiaries, valued at RMB236.5 million. This transaction, which involves Sichuan Shurui Enterprise Management Service Co., Ltd. as the vendor and Hunan Zhongxie Education Management Group Co., Ltd. as the purchaser, is classified as a discloseable transaction under the Hong Kong Listing Rules, triggering specific reporting and announcement requirements. The completion of this transaction is contingent upon certain conditions being met, and it may impact the company’s financial standing and market positioning.

More about Hope Education Group Co., Ltd.

Average Trading Volume: 2,500

Technical Sentiment Signal: Strong Buy

Current Market Cap: €141M

Find detailed analytics on 1765 stock on TipRanks’ Stock Analysis page.

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