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Lox International Holdings (01529) plans to sell the remaining 70.87% of Jiansheng Logistics Investment's shares for 51 million yuan
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Zhitong Finance App News, Roche International Holdings (01529) announced that on September 8, 2026, the company plans to sell the remaining 70.87% of Jiansheng Logistics Investment Co., Ltd.'s shares to Mr. Zeng Xianyong, at a total cost of 51 million yuan. The total cost will be paid as follows: (i) to be offset by a debt amount of approximately $454.44,900 upon completion; and (ii) a net cash payer of approximately $5.551 million, to be paid in two installments before March 31, 2027 and August 31, 2027, respectively. Upon completion, the target company will no longer be a subsidiary of the company.

After considering its past financial performance, operating prospects, capital and management resources required for its business, and the Group's strategic priorities, the Board of Directors believes that the sale provides the Group with an opportunity to realize its remaining investment in the target company, reduce the future financial and operating risks of the target group, and streamline the Group's business portfolio.


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