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According to the Zhitong Finance App, Jinyong Investment (01328.HK) announced that on December 10, 2025, after the completion of the merger and acquisition transaction of the special purpose acquisition company, all 5.06 million TechStar shares held by Redpine Elite, a wholly-owned subsidiary of the company (equivalent to about 5.05% of the total number of TechStar shares issued immediately before the redemption event) have been redeemed, involving a total cash redemption price of HK$59.25 million. The redemption price for each TechStar share is HK$11.25.

Zhitongcaijing·12/10/2025 15:09:07
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According to the Zhitong Finance App, Jinyong Investment (01328.HK) announced that on December 10, 2025, after the completion of the merger and acquisition transaction of the special purpose acquisition company, all 5.06 million TechStar shares held by Redpine Elite, a wholly-owned subsidiary of the company (equivalent to about 5.05% of the total number of TechStar shares issued immediately before the redemption event) have been redeemed, involving a total cash redemption price of HK$59.25 million. The redemption price for each TechStar share is HK$11.25.