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Tianren Group (01429.HK) received a mandatory cash offer from Dacheng International Holdings at a discount of approximately 48.4% and will resume trading on January 26.
Gelonghui, January 23rd丨Tianren Group (01429.HK) announced that the board was informed by the seller that on January 16, 2026, the offeror, Dacheng International Holdings Co., Ltd. (as the buyer), entered into a sales and purchase agreement with the seller (Tianren Holdings Limited). According to this agreement, the seller agreed to sell, and the offeror agreed to acquire the full legal and beneficial ownership and interest in the sale shares (i.e., 1,200,000,000 shares, representing 75% of the company’s total issued share capital as of the date of this joint announcement), for a total consideration of HKD 114,000,000, equivalent to HKD 0.095 per sale share.
Tianren Group (01429.HK) received an over-the-counter increase of 1.2 billion ordinary shares by Dacheng International Holdings Limited and its affiliates, valued at approximately HKD 114 million.
According to a report on January 22, based on a document disclosed by the Hong Kong Stock Exchange on January 22, Dacheng International Holdings Co., Ltd. increased its off-exchange holding of 1.2 billion ordinary shares of Tianren Group (01429.HK) at an average price of 0.095 Hong Kong dollars per share on January 16, with a total value of approximately 114 million Hong Kong dollars. After the increase, Dacheng International Holdings Co., Ltd. holds a total of 1.2 billion shares, and its long position ratio has risen from 0.00% to 75.00%. This transaction involves other related parties: Zou Feng. Additional information: Dacheng International Holdings Co., Ltd. (70% owned by Zou Feng) and Tianren Group Holdings Co., Ltd. as of 2026.
Tianren Group (01429.HK) surged over 67% before being halted mid-session amid merger and acquisition news.
Tian Ren Group (01429.HK) was briefly suspended from trading at 10:09 a.m. today (the 16th) pending the issuance of an announcement containing inside information under the Hong Kong Companies Acquisition and Merger Code. The stock opened 14.55% higher this morning, reaching a high of HKD 0.24. Before the suspension, it was trading at HKD 0.184, up 67.27%, with a turnover of 43.36 million shares, involving a total value of HKD 8.1069 million.
Shareholders of Tianren Group (01429) have deposited shares into Chaosheng Capital, with a total value of 1.26 billion Hong Kong dollars.
According to the latest data from the Hong Kong Stock Exchange, on January 15, a shareholder of Tianren Group (01429) deposited shares into Chaosheng Capital, with a deposit value of HKD 126 million, accounting for 75.00%.
SKYMISSION GP: Interim Report 2025
Tian Ren Group (01429) announced its interim results, with a shareholder attributable loss of HKD 795,000, representing a 96.71% year-on-year narrowing.
Tianren Group (01429) announced its interim results for 2025. During the reporting period, the group achieved revenue of HKD 284 million, representing a year-on-year increase of 40.99%; the loss attributable to the company's owners amounted to HKD 795,000, narrowing by 96.71% year-on-year; the basic loss per share was 0.05 HK cents.