HAO TIAN INTL Surges Over 56% After Trading Resumes Following Sale of 8.05% Stake in Tre 29 Investment

Deep News
Oct 02

After trading resumed, HAO TIAN INTL (01341) surged more than 56%, with the stock jumping 56.25% as of press time to HK$0.025, on turnover of HK$694,690.

On September 30, HAO TIAN INTL (01341) announced its annual results for the year ended March 31, 2026, reporting revenue of HK$91 million, down 37.24% year-on-year; profit attributable to owners of the company was HK$1 million, turning around from a loss to a profit year-on-year; earnings per share were 0.01 HK cents.

In addition, HAO TIAN INTL (01341) recently announced that the seller, HAO TIAN Energy Holdings Limited (a wholly-owned subsidiary of the company), entered into a sale and purchase agreement with the buyer, Tre 29 Investment (Holdings) Limited, pursuant to which the seller agreed to sell and the buyer agreed to buy back the sale shares, being 1,865 shares in its issued share capital (representing approximately 8.05% of its issued share capital), for a consideration of HK$42 million.

The board believes this represents an opportunity to realize part of its investment in the buyer and to replenish the group's cash reserves to meet other business needs and capture business opportunities.

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