Zhi Tong Cai Jing·2025-11-04 12:39Group 1 - New Silk Road Cultural Tourism (00472) announced that its controlling shareholder, Xinhua International, will sell approximately 28.50% of its shares to China Agricultural Products for about HKD 149 million, equivalent to HKD 0.163 per share [1][2] - The sale involves 914 million shares, which will make China Agricultural Products the largest single shareholder of New Silk Road Cultural Tourism, holding approximately 28.50% of the issued share capital [1][2] - Following the sale, Xinhua International's stake in the company will decrease from 1.757 billion shares (54.79% of issued share capital) to 843 million shares (approximately 26.29%) [2] Group 2 - China Agricultural Products has not commenced operations and is fully owned by Shouguang Vegetable Research and Development in the Field of Basic and Advanced Agriculture [2] - There is no prior business relationship between China Agricultural Products and Xinhua International, and both are independent third parties [2] - The board anticipates that the sale will not have any significant adverse impact on the group's daily operations [2]