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China Wantian sells catering fixed assets to Wangu Basket for RMB 10.91 million
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China Wantian sells catering fixed assets to Wangu Basket for RMB 10.91 million
  • China Wantian agreed to sell restaurant fixed assets in Zhongshan to Wangu Basket for RMB 10.91 million.
  • Deal covers two sites tied to an exit from the group’s only catering outlet, effectively ending its catering segment.
  • Assets transfer for RMB 1.95 million and RMB 8.96 million; payment due within 15 working days of handover.
  • Group expects an estimated gain of about RMB 8.04 million based on unaudited figures as of March 31, 2026.
  • Completion targeted for Oct. 16, 2026, subject to independent shareholder approval and other conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Wantian Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290352), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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