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Shenghui Cleanness Sets Out Board and Committee Structure
Shenghui Cleaning (02521.HK): Dong Jiangang has been appointed as an executive director.
Gelonghui reported on January 26 that Shenghui Cleaning (02521.HK) announced the appointment of Dong Jiangang as an executive director, effective from January 26, 2026.
Shenghui Cleanness' Substantial Shareholding Changes After Share Sale
Shenghui Cleaning (02521.HK) received an over-the-counter increase of 370 million ordinary shares by Huali (Asia) Industries Co., Limited and its affiliates, valued at approximately HKD 47.4916 million.
According to a report on January 22, based on the document disclosed by the Hong Kong Stock Exchange on January 22, Huali (Asia) Industries Co., Limited purchased 370 million ordinary shares of Shenghui Cleaning (02521.HK) off-exchange at an average price of HK$0.1282 per share on January 16, with a total value of approximately HK$47.4916 million. After the acquisition, Huali (Asia) Industries Co., Limited’s total number of shares held increased to 370 million, raising its long position ratio from 0.00% to 19.00%.
Shenghui Cleaning rose, and Huali Co., Ltd.'s cross-sector acquisition of Shenghui Cleaning was questioned by the Shanghai Stock Exchange.
Shenghui Cleaning (02521) plummeted 34% yesterday but rebounded over 11% today. As of the time of writing, it has risen 11.43% to HKD 0.78, with a turnover of HKD 16.0977 million.
Huali Co., Ltd. has made two cross-border acquisitions within three months, and its 'opportunistic' acquisition has again drawn regulatory inquiries.
Huali Co., Ltd. announced the acquisition of Shenghui Cleaning for HKD 47.5 million, with unusual stock price movements observed prior to the announcement.