Flowing Cloud says Hangzhou Zhongrunxing stake falls to 72.42% after subscription, remains consolidated unit

PUBT · 2d ago
Flowing Cloud says Hangzhou Zhongrunxing stake falls to 72.42% after subscription, remains consolidated unit
  • Flowing Cloud issued a supplemental clarification on its deemed disposal tied to new subscriptions in Hangzhou Zhongrunxing.
  • Equity interest in the unit will fall to 72.42% from 87.5% once both subscriptions complete; the subsidiary will remain consolidated.
  • Lingshui Equity Fund, Anhui Tongchuang to be treated as non-controlling interests; board sees no connected-transaction implications under Listing Rules Chapter 14A.
  • Beijing Zhongrunxing transfer into Hangzhou Zhongrunxing completed; pending repurchase to remove Lingshui’s 7.69% stake targeted by July 2026.
  • Beijing Zhongrunxing posted RMB 3,032,000 revenue, RMB 8,078,000 loss for 11 months to Nov. 30, 2025; total assets RMB 15,837,000.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowing Cloud Technology Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260715-12245855), on July 15, 2026, and is solely responsible for the information contained therein.