Texhong International to buy Winnitex shares via put option

Texhong International Group Limited (HKEX:2678) announced it will purchase shares in Winnitex International Group Limited after Mr. Nelson Wai exercised a put option. Mr. Wai served a notice on June 6, 2025, to sell his entire 10% shareholding in Winnitex International to Texhong. The estimated consideration for the NW Option Shares is HKD246.8 million, pending final financial assessment and adjustments as outlined in the JV Term Sheet. Completion is expected on July 7, 2025, increasing Texhong's stake in Winnitex International from 80% to 90%. The purchase will be funded internally.