Core Viewpoint - The acquisition of FortuneYi Investment Limited by Great China Financial is aimed at expanding the company's revenue sources and facilitating its plan to resume share trading [1][2]. Group 1: Acquisition Details - Great China Financial's wholly-owned subsidiary, Elite Sonic Limited, plans to acquire all issued shares of FortuneYi Investment Limited for a total consideration of 1 HKD [1]. - FortuneYi Investment Limited indirectly owns Ningbo Zeying Flavor Co., Ltd., which specializes in the production and sale of flavoring agents, tobacco flavors, and auxiliary materials in China [1]. Group 2: Operational Capacity - Ningbo Zeying Flavor Co., Ltd. operates a factory covering approximately 1,000 square meters, equipped with production lines and facilities, with an estimated maximum annual production capacity of 2,500 tons for flavoring agents [1]. - The company has received ISO9001, ISO14001, and ISO45001 certifications, allowing it to participate in bidding processes for Chinese cigarette manufacturers [1]. Group 3: Strategic Implications - The acquisition is expected to not only broaden the group's income sources but also support the company's efforts to resume trading of its shares [2].
大中华金融(00431)拟1港元收购FortuneYi Investment Limited