Lichen International sells Bondly education unit for one Hong Kong dollar
Bitget2026/10/13 13:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lichen International reached a deal to sell its Hong Kong unit Bondly Enterprises to an unaffiliated buyer for HKD 1.
- The disposal includes Bondly’s wholly owned mainland subsidiary, Xiamen Bondly Management and Consulting, which operates a professional education business.
- The group bought 60% of Bondly in July 2024, then the remaining 40% in February 2025.
- As of Aug. 31, 2026, the business had significant losses, resulting in negative shareholders’ equity.
- The sale is intended to eliminate ongoing losses and refocus resources on remaining operations.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lichen International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-004700), on October 13, 2026, and is solely responsible for the information contained therein.
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