Core Viewpoint - Huazhang Technology (01673) has successfully acquired debt rights from Yunnan Asset Management Co., Ltd. for RMB 20 million, aiming to enhance its control and voting power in the bankruptcy restructuring of debtor companies [1] Group 1: Stock Performance - As of December 18, 2025, Huazhang Technology's stock closed at HKD 0.24, down 5.6% from the previous trading day [1] - The stock opened at HKD 0.0, with a highest price of HKD 0.0 and a lowest price of HKD 0.0, with a trading volume of HKD 0 [1] - Over the past 52 weeks, the stock reached a high of HKD 0.39 and a low of HKD 0.17 [1] Group 2: Acquisition Details - The acquisition involves two debt rights: one from Baoshan Xinsengtai Paper Co., Ltd. for an outstanding principal of RMB 25.66 million and related interests, and another from Zhaotong Junchi Trading Co., Ltd. for an unsecured principal of RMB 10 million and related interests [1] - The payment for the acquisition will be made using internal resources and is to be completed within five business days after the contract signing [1] - The board believes the terms of the transaction are fair and reasonable, aligning with the overall interests of the company and its shareholders [1] Group 3: Regulatory Compliance - The transaction constitutes a disclosure requirement under the Stock Exchange Listing Rules, as it exceeds 5% but is below 25%, thus exempting shareholder approval [1]
华章科技（01673.HK）披露透过公开竞价方式收购债权人权利，12月18日股价下跌5.6%