XJ INTL HLDGS (01765.HK) intends to transfer 80% equity of Nam Cheong Dongmei Education Technology and its subsidiary entity rights for a total valuation of 0.2365 billion yuan.
On April 25, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that on April 24, 2025, the buyer (Hunan Zhongxie Education Management Group Co., Ltd., with Mr. Peng Junxiang as the ultimate beneficial owner of the buyer) and the seller (SiChuan Shurui Enterprise Management Service Co., Ltd., a wholly-owned subsidiary of the Group) entered into an Equity Transfer agreement. According to this agreement, the seller conditionally agreed to transfer and the buyer conditionally agreed to acquire 80% equity of the target company and its subsidiary equity for a total valuation of RMB 0.2365 billion, including (i) the transfer price obtained by the seller and the repayment of shareholder debts temporarily set at RMB.
Express News | Xj International - Unit to Transfer 80% Stake in Nanchang Dongmei Education Technologyfor RMB236.5 Million
Express News | Xj International - Hearing of Appeal Was Heard With Judgment Reserved
XJ INTL HLDGS (01765.HK) will hold a Board of Directors meeting on April 30 to approve the interim results.
On April 16, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that the company will hold a Board of Directors meeting on April 30, 2025, to approve the interim results of the company and its subsidiaries for the six months ended February 28, 2025, and their release.
XJ INTL HLDGS: DATE OF BOARD MEETING
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
XJ INTL HLDGS (01765.HK) has established a special task force for convertible Bonds.
On March 7, Gelonghui reported that XJ INTL HLDGS (01765.HK) announced that it has established a special task force for convertible Bonds. The task force includes (i) Chief Financial Officer Yang Wen (serving as the leader); and (ii) Joint Company Secretary and Chief Investment Officer Tan Li, along with Legal Department Head Zhou Xing (serving as members). Authorized by the Board of Directors, the special task force has appointed financial and legal advisors to assist in communication with convertible Bonds investors, aiming to reach a practical solution regarding the convertible Bonds.
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.
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.
Express News | Hope Education - Yuan Junmin Resigned as Chief Financial Officer
Hong Kong stocks fluctuated | Education stocks surged in early trading, TIANLI INT HLDG (01773) rose nearly 6%, NEW ORIENTAL-S (09901) rose nearly 6%.
Education stocks rose broadly in early trading. As of the time of writing, TIANLI INT HLDG (01773) is up 5.9%, trading at 4.13 HKD; NEW ORIENTAL-S (09901) is up 3.8%, trading at 47.75 HKD; FENBI (02469) is up 2.87%, trading at 2.51 HKD; CHINA EAST EDU (00667) is up 1.97%, trading at 2.59 HKD.
XJ INTL HLDGS: Annual Report 2024
XJ International Hearing Against Winding Up Petition Set for April 17
XJ INTL HLDGS (01765.HK): The appeal hearing is scheduled for April 17, 2025.
On December 18, Gralonghui reported that XJ INTL HLDGS (01765.HK) announced details regarding (including) the petition for winding-up against the company, the application for a recognition order, the appointment of a financial adviser, the request to the High Court to withdraw the winding-up petition, and the appellant's notice of appeal submitted to the Court of Appeal regarding the High Court's winding-up petition withdrawal order issued on August 28, 2024. The appeal hearing is scheduled for April 17, 2025. The company will make further announcements at an appropriate time to inform its Shareholders and investors of any significant developments regarding the above matters.