Central Huijin assumes stake in Jiajia Food

Central Huijin Investment has become an indirect shareholder in Jiajia Food Group (SZSE:002650) following an equity transfer of China Orient Asset Management's stake. The change, effective February 14, 2025, involves China Orient's 71.55% stake, or 269.84 million shares of Jiajia Food, being transferred to Central Huijin following approval from the Ministry of Finance. Central Huijin will indirectly hold approximately 23.42% of Jiajia Foods total share capital. The transaction, characterized as a non-cash transfer of state-owned equity, is awaiting regulatory approval. Central Huijin reported that it has no plans to further increase or decrease its stake in Jiajia Food within the next 12 months. The change doesn't involve changes to Jiajia Food’s business operations, management structure, or dividend policy.