Seven Elements to acquire Hong Kong securities firm for diversification

Seven Elements Investment Holdings Limited announced a proposed acquisition of Tung Wui Securities Company Limited, a Hong Kong-based company licensed for Type 1 (dealing in securities) regulated activities. The acquisition, formalized on November 13, 2025, involves purchasing approximately 99.999995% and 0.000005% of the securities company's issued share capital from two vendors. The total consideration will not exceed HK$20,000,000.

The acquisition aims to diversify Seven Elements' business, which currently includes trading machinery and spare parts, leasing, transportation services, and money lending in Hong Kong and the PRC. The board believes this move into financial services offers strong prospects and a low-investment entry point for developing a diversified financial platform. The securities company's net asset value was approximately HK$5.3 million as of June 30, 2025.

Completion is subject to several conditions, including regulatory approval for Seven Elements to become a substantial shareholder and the validity of the Type 1 license.