XXF outlines ownership breakdown of remaining 48.75% stake in lessor under sale-and-leaseback deal

Bulletin Express

Jul 14

XXF Group Holdings Limited (XXF) issued a supplemental announcement on 14 July 2026, providing additional details on the equity structure of the lessor involved in the sale-and-leaseback agreement first announced on 9 July 2026.

The company confirmed that the outstanding 48.75% equity interest in the lessor is allocated as follows: • 21.25% held by Jiangsu Phoenix Publishing and Media Group Co., Ltd. • 10.63% held by Jiangsu Xinhua Daily Media Group Co., Ltd. • 10.00% held by Jiangsu Coastal Development Group Co., Ltd. • 6.88% held by Jiangsu Broadcasting Cable Information Network Corporation Limited, a Shanghai-listed entity (stock code 600959).

Jiangsu Phoenix, Jiangsu Xinhua and Jiangsu Coastal are each wholly owned by the Jiangsu Provincial People’s Government, confirming state ownership behind the bulk of the minority stake.

XXF stated that all other terms and disclosures in the 9 July 2026 announcement regarding the sale-and-leaseback agreement remain unchanged. The supplemental information was approved by the board, chaired by Mr. Huang Wei.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1187061903"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1187061903\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1187061903?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-14 17:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1187061903","market":"hk","top_or_hot":-1,"title":"XXF outlines ownership breakdown of remaining 48.75% stake in lessor under sale-and-leaseback deal","media":"Bulletin Express","content":"<p>XXF Group Holdings Limited (XXF) issued a supplemental announcement on 14 July 2026, providing additional details on the equity structure of the lessor involved in the sale-and-leaseback agreement first announced on 9 July 2026.</p>\n<p>The company confirmed that the outstanding 48.75% equity interest in the lessor is allocated as follows:  \n• 21.25% held by Jiangsu Phoenix Publishing and Media Group Co., Ltd.  \n• 10.63% held by Jiangsu Xinhua Daily Media Group Co., Ltd.  \n• 10.00% held by Jiangsu Coastal Development Group Co., Ltd.  \n• 6.88% held by Jiangsu Broadcasting Cable Information Network Corporation Limited, a Shanghai-listed entity (stock code 600959).</p>\n<p>Jiangsu Phoenix, Jiangsu Xinhua and Jiangsu Coastal are each wholly owned by the Jiangsu Provincial People’s Government, confirming state ownership behind the bulk of the minority stake.</p>\n<p>XXF stated that all other terms and disclosures in the 9 July 2026 announcement regarding the sale-and-leaseback agreement remain unchanged. The supplemental information was approved by the board, chaired by Mr. Huang Wei.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XXF outlines ownership breakdown of remaining 48.75% stake in lessor under sale-and-leaseback deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXXF outlines ownership breakdown of remaining 48.75% stake in lessor under sale-and-leaseback deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-07-14 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>XXF Group Holdings Limited (XXF) issued a supplemental announcement on 14 July 2026, providing additional details on the equity structure of the lessor involved in the sale-and-leaseback agreement first announced on 9 July 2026.</p>\n<p>The company confirmed that the outstanding 48.75% equity interest in the lessor is allocated as follows:  \n• 21.25% held by Jiangsu Phoenix Publishing and Media Group Co., Ltd.  \n• 10.63% held by Jiangsu Xinhua Daily Media Group Co., Ltd.  \n• 10.00% held by Jiangsu Coastal Development Group Co., Ltd.  \n• 6.88% held by Jiangsu Broadcasting Cable Information Network Corporation Limited, a Shanghai-listed entity (stock code 600959).</p>\n<p>Jiangsu Phoenix, Jiangsu Xinhua and Jiangsu Coastal are each wholly owned by the Jiangsu Provincial People’s Government, confirming state ownership behind the bulk of the minority stake.</p>\n<p>XXF stated that all other terms and disclosures in the 9 July 2026 announcement regarding the sale-and-leaseback agreement remain unchanged. The supplemental information was approved by the board, chaired by Mr. Huang Wei.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02473","symbol_name":"喜相逢集团","start_time":0,"source_url":"","article_id":"1187061903","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1187061903","pubTimestamp":1784020891,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"XXF Group Holdings Limited (XXF) issued a supplemental announcement on 14 July 2026, providing additional details on the equity structure of the lessor involved in the sale-and-leaseback agreement...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02473":"喜相逢集团"},"translate_title":"XXF 概述了售后回租交易下出租人剩余 48.75% 股份的所有权明细","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02473":1},"content_text":"XXF Group Holdings Limited (XXF) issued a supplemental announcement on 14 July 2026, providing additional details on the equity structure of the lessor involved in the sale-and-leaseback agreement first announced on 9 July 2026.\nThe company confirmed that the outstanding 48.75% equity interest in the lessor is allocated as follows:  \n• 21.25% held by Jiangsu Phoenix Publishing and Media Group Co., Ltd.  \n• 10.63% held by Jiangsu Xinhua Daily Media Group Co., Ltd.  \n• 10.00% held by Jiangsu Coastal Development Group Co., Ltd.  \n• 6.88% held by Jiangsu Broadcasting Cable Information Network Corporation Limited, a Shanghai-listed entity (stock code 600959).\nJiangsu Phoenix, Jiangsu Xinhua and Jiangsu Coastal are each wholly owned by the Jiangsu Provincial People’s Government, confirming state ownership behind the bulk of the minority stake.\nXXF stated that all other terms and disclosures in the 9 July 2026 announcement regarding the sale-and-leaseback agreement remain unchanged. The supplemental information was approved by the board, chaired by Mr. Huang Wei.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}