South China Financial forms security products joint venture, takes 50% stake

  • South China Financial’s unit Luxfield formed joint venture South China Leiyin International Security Group in Hong Kong under shareholders’ agreement signed April 29, 2026.
  • Ownership split set at 50% Luxfield, 30% Zhu, 20% Liu Haiying, with issued share capital of HKD 100.
  • Luxfield will control board with three of five directors, enabling consolidation of JV results into South China Financial’s group accounts.
  • Venture will target overseas sales, technology support, and R&D for non-lethal security products such as acoustic deterrence systems, drones, and radio anti-interference equipment.


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. South China Financial Holdings Ltd published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12135341), on April 29, 2026, and is solely responsible for the information contained therein.

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