汇成国际控股(01146.HK):持有上海壁仞0.07%股权

Core Viewpoint - 汇成国际控股 has successfully converted its investment in Shanghai Biran into H-shares following the company's listing on the Hong Kong Stock Exchange on January 2, 2026, indicating a positive development for the company's investment portfolio [1] Group 1: Investment Details - 汇成国际控股 holds 1,702,550 shares of Shanghai Biran, representing approximately 0.07% of the company's issued share capital [1] - The fair value of the investment in Shanghai Biran, based on the closing price of HKD 34.46 per H-share on January 2, 2026, is approximately HKD 58,669,873, equivalent to about RMB 52.99 million [1] - After deducting the initial investment cost and related expenses, the investment is expected to yield a net gain compared to the initial investment in Qingdao Huaxin Anchor [1] Group 2: Market Considerations - The Shanghai Biran H-shares are subject to a twelve-month lock-up period, which may affect liquidity [1] - Although the fair value increase is reflected in the company's accounts, the asset cannot be immediately liquidated, and it remains uncertain whether this fair value increase can be realized in future fiscal years [1]