Group 1 - The core viewpoint of the article highlights the significant stock price fluctuation of Shenghui Clean (02521), which dropped by 34% yesterday but rebounded by over 11% today, currently trading at HKD 0.78 with a transaction volume of HKD 16.1 million [1] - Huali Co., Ltd. announced that its wholly-owned subsidiary, Huali Asia, plans to acquire 19% of Shenghui Clean's shares for HKD 47.5 million, making it the second-largest shareholder post-transaction [1] - Shenghui Clean specializes in property cleaning services and public space cleaning services, indicating its operational focus within the cleaning industry [1] Group 2 - On January 18, Huali Co., Ltd. received an inquiry letter from the Shanghai Stock Exchange regarding the acquisition, requesting clarification on the investment purpose, necessity, risks, pricing basis, and reasons for the target company's performance decline [1] - The company is required to respond to the inquiry letter within five trading days, emphasizing the regulatory scrutiny surrounding the acquisition process [1]

Core Viewpoint - Shenghui Clean (02521) experienced a significant drop of 34% yesterday but rebounded by over 11% today, currently trading at HKD 0.78 with a transaction volume of HKD 16.1 million [1] Group 1: Company Developments - Huali Co., Ltd. (603038) announced on January 17 that its wholly-owned subsidiary, Huali Asia, intends to purchase 19% of Shenghui Clean's shares for HKD 47.5 million using its own or self-raised funds [1] - Upon completion of the transaction, Huali Co., Ltd. will become the second-largest shareholder of Shenghui Clean [1] Group 2: Regulatory Inquiry - On January 18, Huali Co., Ltd. received an inquiry letter from the Shanghai Stock Exchange regarding the acquisition [1] - The exchange requested clarification on the purpose of the investment, its necessity, and associated risks, as well as the pricing basis and reasons for the target company's performance decline [1] - Huali Co., Ltd. is required to respond to the inquiry within five trading days [1]

值得注意的是，这是华立股份近3个月内第二次抛出收购计划。华立股份公告称，公司于18日收到上交 所下发的《关于对东莞市华立实业股份有限公司收购事项的问询函》。上交所要求华立股份补充披露前 次筹划收购及终止、本次收购事项的具体过程，包括交易的具体环节和进展、重要时间节点和参与知悉 的人员范围等。 升辉清洁(02521)重挫逾22%，截至发稿，跌22.64%，报0.82港元，成交额711.39万港元。 消息面上，1月16日晚，升辉清洁发布公告称，主要股东兼执行董事陈黎明向东莞华立股份（603038） (603038.SH)出售合共3.7亿股，占公司股本19%。完成后，买方将成为公司主要股东，持股19%；卖方 于公司持股将降至6.3%。 ...

智通财经APP获悉，升辉清洁(02521)重挫逾22%，截至发稿，跌22.64%，报0.82港元，成交额711.39万 港元。 消息面上，1月16日晚，升辉清洁发布公告称，主要股东兼执行董事陈黎明向东莞华立股份(603038.SH) 出售合共3.7亿股，占公司股本19%。完成后，买方将成为公司主要股东，持股19%；卖方于公司持股将 降至6.3%。 值得注意的是，这是华立股份近3个月内第二次抛出收购计划。华立股份公告称，公司于18日收到上交 所下发的《关于对东莞市华立实业股份有限公司收购事项的问询函》。上交所要求华立股份补充披露前 次筹划收购及终止、本次收购事项的具体过程，包括交易的具体环节和进展、重要时间节点和参与知悉 的人员范围等。 ...

Core Viewpoint - Huali Co., Ltd. announced a plan to acquire a 19% stake in Shenghui Clean Group for HKD 47.5 million, marking its second acquisition attempt in three months, with both companies experiencing significant stock price increases on announcement days [1][2]. Group 1: Acquisition Details - The acquisition does not constitute a related party transaction or a major asset restructuring and does not require shareholder approval [1]. - Huali's stock hit the daily limit on the announcement day, while Shenghui Clean's stock rose by 26.19% [1]. - The previous acquisition attempt involved a 51% stake in Zhongke Huilian Technology, which was later terminated due to a lack of consensus on key terms [1]. Group 2: Regulatory Inquiry - The Shanghai Stock Exchange requested Huali to disclose the details of the previous acquisition attempt and the current acquisition process, including key timelines and involved personnel [2]. - Huali is also required to investigate recent stock trading activities of insiders to check for potential information leaks [2]. Group 3: Strategic Intent - Huali aims to leverage core resources and capabilities through this strategic investment to enhance competitiveness and industry influence in internationalization, intelligence, and marketization [2]. - The financial performance of Shenghui Clean shows revenue of approximately CNY 674 million and net profit of CNY 49.23 million for 2024, with a decline in net profit for the first half of 2025 [2]. Group 4: Financial Performance Concerns - Shenghui Clean's revenue increased by 10.14% year-on-year in the first half of 2025, but net profit decreased by 21.78% [3]. - The company has seen a continuous rise in accounts receivable, with a 15.40% increase to CNY 268 million by the end of 2024 [3]. - Operating cash flow was negative for both 2024 and the first half of 2025, indicating financial strain [3]. Group 5: Justification for Investment - Huali is required to explain the reasons for the performance decline at Shenghui Clean and assess the potential ongoing impact on the company's performance [4]. - The necessity of the acquisition is questioned given the significant differences between Huali's main business and Shenghui Clean's operations, prompting a need for clarity on strategic alignment and resource sharing [5].

Group 1 - The core point of the article is that Huayi Co., Ltd. is acquiring a 19% stake in Shenghui Clean (HK02521) for 47.5 million HKD, which is significantly below its market value of approximately 393 million HKD, representing only 12% of the market price [1][3][4] - The acquisition is part of Huayi's strategy to leverage core resources and capabilities for collaborative growth in internationalization, intelligence, and marketization, enhancing both companies' competitiveness and industry influence [2] - The purchase price of 0.128 HKD per share is based on Shenghui Clean's public market price and net asset value, considering the strategic cooperation's synergistic value and the limited liquidity of the shares [3][4] Group 2 - Shenghui Clean's projected net profit for 2024 is 49.226 million HKD, with 7.943 million HKD for the first half of 2025 [3] - The stock price of Shenghui Clean saw a significant increase prior to the announcement, with a rise of over 15% shortly after the market opened on January 16, and a total increase of nearly 30% by the afternoon [4][5] - The acquisition reflects Huayi's position as a strategic investor rather than a financial one, justifying the discounted entry price due to the additional resources and risks involved [3][4]

Core Viewpoint - Shenghui Clean (02521) announced a conditional sale agreement where its major shareholder, Sunrise Clean Investment Holdings Limited, will sell approximately 370 million shares, representing 19% of the company's issued shares, to Huali (Asia) Industrial Limited, which is wholly owned by Dongguan Huali (603038.SH) [1] Group 1 - The seller, controlled by Executive Director Chen Liming, will retain approximately 122.8 million shares post-transaction, equating to about 6.3% of the issued shares, and will no longer be the major shareholder [1] - The buyer will acquire rights to approximately 370 million shares, making it the major shareholder with a 19% stake in the company [1]

Core Viewpoint - The company Shenghui Clean (02521) announced a conditional sale agreement involving the transfer of approximately 370 million shares, representing 19% of the total issued shares, from its major shareholder to Huali (Asia) Industrial Co., Ltd. [1] Group 1 - The seller, Sunrise Clean Investment Holdings Limited, is wholly owned by Executive Director Chen Liming [1] - The buyer, Huali (Asia) Industrial Co., Ltd., is fully owned by Dongguan Huali (603038.SH) [1] - Upon completion of the sale, the seller will retain approximately 122.8 million shares, equating to about 6.3% of the total issued shares, and will no longer be the major shareholder [1] Group 2 - The buyer will acquire rights to approximately 370 million shares, which will make it the major shareholder with a stake of about 19% of the total issued shares [1]

Group 1 - The core point of the article is that Shenghui Clean (02521.HK) announced a conditional sale agreement where its major shareholder, Sunrise Clean Investment Holdings Limited, will sell 370,449,650 shares, representing 19% of the company's issued shares, to Huali (Asia) Industrial Limited [1] - The sale is contingent upon certain conditions being met or waived, and it is expected to be completed within five business days after the agreement is signed [1] - The buyer, Huali (Asia) Industrial Limited, is a trading company wholly owned by Dongguan Huali Industrial Co., Ltd., which is listed on the Shanghai Stock Exchange [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Shenghui Cleanness Group Holdings Limited 升輝清潔集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2521） 主要股東變動 待 出 售 事 項 完 成 後，並 假 設 於 本 公 告 日 期 及 完 成 出 售 事 項 期 間 已 發 行 股 份 總 數 概 無 變 動，則(a)賣方將繼續擁有122,801,600股 股 份，相 當 於 於 本 公 告 日 期 已 發行股份約6.3%，且 不 再 為 本 公 司 主 要 股 東（定 義 見 上 市 規 則）；及(b)買方將於 370,449,650股 股 份 中 擁 有 權 益，相 當 於 於 本 公 告 日 期 已 發 行 股 份 約19%，且將成 為 本 公 司 主 要 股 東（定 義 見 上 市 規 則）。 本公司股東及潛在投資者於買賣股份時務請審慎行事。 承董事會命 升輝清潔集團控股有限公 ...