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Further Upside For XJ International Holdings Co., Ltd. (HKG:1765) Shares Could Introduce Price Risks After 25% Bounce
XJ INTL HLDGS (01765.HK) plans to sell 100% equity of Silver Mingde Education for 0.11 billion yuan.
On February 13, Glonghui announced that XJ INTL HLDGS (01765.HK) entered into an Equity Transfer agreement on February 13, 2025, between the seller, SiChuan HOPE EDU Industry Group Co., Ltd., and the buyer, Lanzhou Hengwen Middle School New Campus Limited Liability Company. According to this agreement, the seller conditionally agrees to (i) transfer 100% equity of the target company, Silver Mingde Education Limited Liability Company, and its affiliated entities ("target entity") at a transfer price of RMB 0.11 billion; and (ii) take over a shareholder loan owed by the target entity to the seller amounting to RMB 0.2 billion, which may be adjusted according to the terms and conditions of the Equity Transfer agreement.
Express News | Xj International - Sichuan Hope Education Industry to Transfer 100% Stake in Baiyin Mingde Education for RMB109.89 Mln
CITIC SEC: "The arrival of Deepseek Singularity" will likely accelerate the commercialization phase of Education + AI by 2025.
Xin Securities published a Research Report stating that recently, companies in the Education sector have been embracing Deepseek, and the strong reasoning capability of AI large models is expected to accelerate the commercialization phase of Education + AI.
XJ International CFO Resigns; Successor Named
XJ INTL HLDGS (01765.HK) appointed Wang Xiaowu as a non-executive Director.
On January 23, Gelonghui announced that Mr. Li Tao has resigned as a non-executive Director, a member of the Audit Committee, a member of the Global Strategy and Development Committee, and as an authorized representative under Rule 3.05 of the Hong Kong Stock Exchange due to changes in work arrangements. Mr. Wang Xiaowu has been appointed as a non-executive Director, a member of the Audit Committee, and a member of the Global Strategy and Development Committee. Mr. Yuan Junmin has resigned from the position of Financial Director due to changes in work arrangements. After Mr. Yuan's resignation, Mr. Yang Wen has been appointed as the Financial Director, effective January 23, 2025.
Market Cool On XJ International Holdings Co., Ltd.'s (HKG:1765) Earnings Pushing Shares 27% Lower
