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China Frontier Technology Tightens Grip on Functional Materials With 49% Stake in Ningbo Qihe
CH FRONTIER TEC: 2025 Annual Report
China Frontier Technology Group (01661) plans to acquire a 49% stake in Ningbo Qihexin Materials Technology Co., Ltd. for 19.6 million yuan.
China Frontier Technology Group (01661) announced that on April 23, 2026 (after the trading hours of the Hong Kong Stock Exchange), the buyer (a wholly-owned subsidiary of the company) entered into a sale and purchase agreement with the seller, Shenzhen Bochi Electronics Co., Ltd. The seller has conditionally agreed to sell, and the buyer has conditionally agreed to acquire the sale equity interest (i.e., 49% of the entire equity interest in the target company, Ningbo Qihex新材料科技有限公司), for a total consideration of RMB 19.6 million (equivalent to approximately HKD 22.148 million).
Performance: China Frontier Technology (01661.HK) narrowed its full-year loss to RMB 32.74 million; no dividend declared.
China Frontier Technology (01661.HK) announced its 2025 annual results, with revenue reaching RMB 223 million (hereinafter the same), representing a year-on-year increase of 186.3%. The net loss narrowed to RMB 32.74 million, compared to a loss of RMB 52.58 million in the same period last year; basic loss per share was RMB 0.17. No dividend was declared.
China Frontier Technology Group (01661) announced its annual results, with a net loss attributable to shareholders of 32.738 million yuan, representing a year-on-year reduction of 37.74%.
China Frontier Technology Group (01661) announced its annual results for the fiscal year ended December 31, 2025. The group reported revenue of 223 million yuan (RMB, hereinafter the same), representing a year-on-year increase of 186.28%. The loss attributable to owners of the company narrowed by 37.74% to 32.738 million yuan. Basic loss per share was 0.17 yuan.
CH FRONTIER TEC: ANNUAL RESULTS ANNOUNCEMENT FOR THEYEAR ENDED 31 DECEMBER 2025