Core Viewpoint - Xiangxing International (01732) has seen a significant increase in stock price, rising over 22% and currently trading at 0.32 HKD, with a trading volume of 5.4943 million HKD. This surge is attributed to a partial tender offer from Xijing Holdings (Hong Kong) Limited to acquire 371.2 million shares at a price of 0.21 HKD per share, representing 29% of the company's issued share capital, which is at a discount of approximately 7.89% compared to the previous closing price of 0.228 HKD [1]. Group 1 - Xiangxing International's stock price increased by 18.52% to 0.32 HKD [1] - The tender offer from Xijing Holdings is for 371.2 million shares, which is 29% of the total issued share capital [1] - The offer price of 0.21 HKD per share reflects a discount of about 7.89% from the last closing price [1] Group 2 - Xijing Holdings is a subsidiary of Xijing Technology, which focuses on autonomous driving for commercial vehicles [1] - If the tender offer is completed, Xiangxing International is expected to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving [1] - Xijing Technology has also submitted a listing guidance report to the Shanghai Securities Regulatory Bureau for an IPO in the A-share market [1]

Core Viewpoint - Xiangxing International (01732) experienced a significant increase in stock price, opening over 31% higher and currently trading at 0.3 HKD, with a trading volume of 342,000 HKD, following an announcement regarding a partial tender offer from Xijing Holdings (Hong Kong) Limited [1] Group 1: Company Announcement - Xiangxing International announced that Xijing Holdings (Hong Kong) Limited intends to acquire 371.2 million shares at a price of 0.21 HKD per share, representing 29% of the company's issued share capital [1] - The tender offer price reflects a discount of approximately 7.89% compared to the previous trading day's closing price of 0.228 HKD [1] Group 2: Parent Company and Market Context - Xijing Holdings (Hong Kong) Limited is a subsidiary of Shanghai Xijing Technology Co., Ltd., which submitted a listing guidance report to the Shanghai Securities Regulatory Bureau in April this year, aiming for an IPO in the A-share market [1] - Upon completion of the tender offer, Xiangxing International is expected to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving concepts [1]

Group 1 - The core point of the article is that Xiangxing International (01732) opened over 31% higher after Westwell Holdings (Hong Kong) Limited announced a partial tender offer to acquire 29% of the company's shares at HKD 0.21 per share, which represents a discount of approximately 7.89% compared to the previous closing price of HKD 0.228 [1][1][1] - As of the report, Xiangxing International's stock price increased by 31.58%, reaching HKD 0.3, with a trading volume of HKD 342,000 [1][1][1] - Westwell Holdings is a subsidiary of Shanghai Westwell Technology Co., Ltd., which has submitted a listing guidance report to the Shanghai Securities Regulatory Bureau for an IPO in the A-share market [1][1][1] Group 2 - If the tender offer is completed, Xiangxing International is expected to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving [1][1][1]

Core Viewpoint - Xiangxing International (01732) experienced a significant increase in stock price, opening over 31% higher and currently trading at 0.3 HKD, with a trading volume of 342,000 HKD. This surge follows an announcement regarding a partial tender offer from Xijing Holdings (Hong Kong) Limited [1] Group 1: Company Announcement - Xiangxing International announced that Xijing Holdings intends to acquire 371.2 million shares at a price of 0.21 HKD per share, representing 29% of the company's issued share capital [1] - The tender offer price reflects a discount of approximately 7.89% compared to the previous trading day's closing price of 0.228 HKD [1] Group 2: Parent Company and Market Position - Xijing Holdings is a subsidiary of Shanghai Xijing Technology Co., Ltd., which submitted a listing guidance report to the Shanghai Securities Regulatory Bureau in April, aiming for an IPO in the A-share market [1] - Upon completion of the tender offer, Xiangxing International is positioned to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving concepts [1]

Core Points - Xiangxing International (01732) announced that its shares will resume trading on December 2, 2025, at 9:00 AM [1] Summary by Category - **Company Announcement** - The company has officially stated the date and time for the resumption of its share trading [1]

Core Points - Xiangxing International (01732.HK) announced that its shares will resume trading today, December 2, 2025, at 9:00 AM [1] Company Summary - The company has made a public announcement regarding the resumption of its share trading [1]

Core Viewpoint - Xiangxing International (stock code: 01732) announced a partial tender offer by Xijing Holdings (Hong Kong) Limited to acquire 371.2 million shares at HKD 0.21 per share, representing 29% of the company's issued share capital, with a discount of approximately 7.89% compared to the last trading price of HKD 0.228 [1] Group 1 - Xijing Holdings (Hong Kong) Limited is a subsidiary of Shanghai Xijing Technology Co., Ltd. [1] - If the tender offer is completed, Xiangxing International is expected to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving concepts [1] - Shanghai Xijing Technology Co., Ltd. has submitted a listing guidance report to the Shanghai Securities Regulatory Bureau in April this year, intending to IPO in the A-share market [1]

Group 1 - The offeror, Xijing Holdings (Hong Kong) Limited, announced a voluntary cash partial offer to acquire 371,200,000 shares of Xiangxing International, representing 29% of the company's issued share capital, at a price of HKD 0.21 per share, which is approximately 7.89% lower than the last trading price of HKD 0.228 [1][2] - As of the announcement date, the offeror and its concert parties do not hold any voting rights or interests in any shares or related securities of the company [1] - The company has a total of 1,280,000,000 issued shares and does not have any outstanding convertible or exchangeable securities [1] Group 2 - The offeror believes that investing in the company provides an attractive platform to complement its existing business activities, with potential strategic value through synergies between the offeror and Shanghai Xijing, which primarily provides smart logistics solutions [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from December 2, 2025 [2]

Core Viewpoint - The voluntary cash offer by the offeror, Xijing Holdings (Hong Kong) Limited, aims to acquire 371.2 million shares of Xiangxing International (01732), representing 29% of the company's issued share capital, at a price of HKD 0.21 per share, which is approximately 7.89% lower than the last trading price of HKD 0.228 [1] Group 1 - The offeror believes that investing in the company provides an attractive platform to complement its existing business activities [1] - The partial offer is expected to leverage the core competencies of the offeror and Shanghai Xijing, which primarily provides smart logistics solutions and equipment, alongside the group's operations in China, focusing on port services, logistics, and supply chain operations [1] - There is potential for significant strategic value creation through synergies between the offeror and the group [1]

Core Viewpoint - The offeror, Xijing Holdings (Hong Kong) Limited, plans to make a voluntary cash partial offer to acquire 371.2 million shares of Xiangxing International (01732), representing 29% of the company's issued share capital, at a price of HKD 0.21 per share, which is approximately 7.89% lower than the last closing price of HKD 0.228 [1] Group 1 - The offeror believes that investing in the company provides an attractive platform to complement its existing business activities and those of Shanghai Xijing [1] - The partial offer is expected to leverage the core competencies of the offeror and Shanghai Xijing, which primarily provides smart logistics solutions and equipment, alongside the group's operations in China, focusing on port services, logistics, and supply chain operations [1] - There is potential for significant strategic value creation through synergies resulting from this collaboration [1]