Core Viewpoint - The company, Beibo Group (08331.HK), has announced the sale of a 30% stake in its subsidiary, Feishang International Holdings, to Haohai Limited for a cash consideration of RMB 11.4 million, aiming to optimize shareholder structure and promote long-term development [1]. Group 1 - The sale agreement is set to be completed on the third business day after the subsidiary declares a dividend, expected to occur by February 4, 2026 [1]. - Beibo Group operates as an investment holding company, with subsidiaries engaged in bentonite mining, production and sales of drilling mud and metallurgical pellets, financial services, leasing, and wholesale of personal care products [1]. - The board believes that the sale aligns with the group's strategy to enhance the shareholder structure of the subsidiary, allowing the group to realize part of its investment while retaining management and operational control over the subsidiary's business [1].