Core Viewpoint - The company has entered into an agreement to acquire a 30% stake in Jiangxi Zhongniang Liquor Industry for HKD 41 million, which will enhance its control over the target company and capitalize on the growing demand for yellow wine in China [1][2] Group 1: Acquisition Details - The buyer, an indirect wholly-owned subsidiary of the company, has conditionally agreed to purchase the 30% equity interest from Jiangxi Gushan Liquor Industry for HKD 41 million [1] - The purchase price will be settled through the issuance of convertible bonds at a conversion price of HKD 0.4606 per share [1] - The target company is a limited liability company established under Chinese law, primarily engaged in the manufacturing and sales of traditional liquor [1] Group 2: Financial Performance - The target company has shown strong financial performance, with a 50% year-on-year increase in sales of yellow wine products since January 2025 [2] - Upon completion of the acquisition, the company will gain absolute control over the target company, potentially leading to further growth opportunities [2] Group 3: Lease Agreement - The company has also entered into a lease agreement for a property in Nanfeng County, with a total rental amount of approximately RMB 32.69 million (around HKD 35.92 million) for a period of 15 years [1] - The lease payment will similarly be settled through the issuance of convertible bonds at the same conversion price of HKD 0.4606 per share [1]
旷逸国际拟4100万港元收购江西中酿酒业余下30%的股权