Guofu Innovation (00290) issued 340 million shares due to the acquisition of 26.15% shares of Huake Intelligent Investment (01140)

According to Zhitong Finance App News, Guofu Innovation (00290) issued an announcement. According to the terms of the sale agreement, the buyer agreed to buy, and the seller agreed to sell the shares to be sold, that is, 2,751 million target shares (about 26.15% of the target company's total issued share capital), at a cost of HK$303 million, and the company will distribute and issue shares at a cost of 340 million shares according to the special authorization approved by the shareholders at the special shareholders' meeting held on October 4, 2024.