Zhi Tong Cai Jing·2025-11-04 12:33Core Viewpoint - New Silk Road Cultural Tourism (00472) announced the sale of 914 million shares, representing approximately 28.50% of its issued share capital, to China Agricultural Products Co., Ltd. for a cash consideration of about HKD 149 million, equivalent to HKD 0.163 per share, with the transaction expected to complete within 30 days from the signing of the sale agreement [1][2]. Group 1 - The sale agreement was established between New Silk Road's controlling shareholder, Xinhua Lian International, and China Agricultural Products, which has not commenced operations and is fully owned by Shouguang Vegetable Research and Development in the Field of Basic and Advanced Agriculture–L.L.C–O.P.C. [1] - Following the completion of the sale, Yingxin Development's shareholding through Xinhua Lian International will decrease from 1.757 billion shares (approximately 54.79% of the issued share capital) to 843 million shares (approximately 26.29% of the issued share capital), making China Agricultural Products the largest single shareholder of the company [2]. - The board anticipates that the sale will not have any significant adverse impact on the group's daily operations [3].