Yeebo Int'l: update on discloseable transaction - further sells some shares in Nantong Jianghai

Yeebo Int'l: update on discloseable transaction - further sells some shares in Nantong Jianghai

Yeebo Int’l Completes Further Disposal of Nantong Jianghai Shares
Yeebo (International Holdings) Limited (HKG:259) has announced the completion of a discloseable transaction involving the sale of an additional 1.16% stake in Nantong Jianghai Capacitor Co., a Shenzhen Stock Exchange-listed capacitor manufacturer. The disposal, executed by Yeebo’s wholly owned subsidiary Billion Power Investment, totaled RMB278.05 million (approximately HK$313.78 million) at an average price of RMB28.08 per share. Following this transaction, Yeebo’s remaining ownership in Nantong Jianghai stands at 12.64%.

The sale was conducted through open-market transactions on the Shenzhen Stock Exchange, with no disclosed connection between Yeebo and the purchasers. The company estimates an unaudited pre-tax gain of approximately HK$76 million from the disposal, based on the difference between the net proceeds and the carrying value of the shares as of March 31, 2025. Proceeds will be allocated to repay bank loans, support working capital, and fund business development initiatives.

This follows Yeebo’s earlier disposal of a 15% stake in Nantong Jianghai in January 2025 for RMB2.4 billion, reducing its ownership to 13.81%. The latest transaction aligns with the company’s ongoing strategic review to optimize its investment portfolio and enhance financial flexibility. Nantong Jianghai, a manufacturer of aluminum electrolytic and super capacitors, reported net assets of RMB6.21 billion as of September 30, 2025, with consistent profitability in recent fiscal years.

The disposal complies with Hong Kong Listing Rules, as the transaction meets the discloseable threshold under Chapter 14 (5–25% stake). Yeebo’s board affirmed the transaction’s fairness and alignment with shareholder interests, though specific future use of proceeds remains undisclosed. Investors may assess the impact of these disposals on Yeebo’s core business focus—liquid crystal display manufacturing—and its broader capital allocation strategy.

(https://www.ainvest.com/news/yeebo-int-hkg-259-disclosable-transaction-sells-shares-nantong-jianghai-2602/): Yeebo’s January 2025 disposal details.
(https://www.minichart.com.sg/2026/02/26/yeebo-international-holdings-announces-disposal-of-nantong-jianghai-shares-for-rmb278-million-in-discloseable-transaction-1/): Financial impact and use of proceeds.
(https://www.minichart.com.sg/2026/02/26/yeebo-international-holdings-announces-disposal-of-nantong-jianghai-shares-for-rmb278-million-in-discloseable-transaction-1/): Transaction specifics and Nantong Jianghai’s financial performance.