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According to Zhitong Finance App, Weiyuantang (00897.HK) and WANG ON GROUP (01222.HK) jointly announced that on July 16, 2026, the seller (an indirect wholly-owned subsidiary of Weiyuantang) signed a sales agreement with the buyer Shenzhen Hongqing Industrial Development. The seller conditionally agreed to sell, and the buyer conditionally agreed to purchase the entire issued share capital of Guanzun (Shenzhen) Trading Development, the target company holding the property. The target company's sale was worth RMB 99.8 million (equivalent to approximately HK$115 million). After the sale is completed, Hongan Group and Wai Yuantang Group will no longer hold any shares in the target company.
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According to Zhitong Finance App, Weiyuantang (00897.HK) and WANG ON GROUP (01222.HK) jointly announced that on July 16, 2026, the seller (an indirect wholly-owned subsidiary of Weiyuantang) signed a sales agreement with the buyer Shenzhen Hongqing Industrial Development. The seller conditionally agreed to sell, and the buyer conditionally agreed to purchase the entire issued share capital of Guanzun (Shenzhen) Trading Development, the target company holding the property. The target company's sale was worth RMB 99.8 million (equivalent to approximately HK$115 million). After the sale is completed, Hongan Group and Wai Yuantang Group will no longer hold any shares in the target company.
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