Core Viewpoint - China New Retail Supply Chain (03928) has announced a share transfer agreement for 100% equity of Shanghai Mita Ji Cultural, with a transaction value of RMB 1.5 million, aimed at expanding its business in the rapidly growing trendy toy industry in China [1] Group 1: Transaction Details - The share transfer agreement is between the seller, Shanghai Mita Ji Cultural, and the buyer, Shanghai Ruilinggu Enterprise Management, which is a wholly-owned subsidiary of the company [1] - The payment for the equity transfer was made on the same day the agreement was completed, pending routine filing and registration [1] Group 2: Strategic Rationale - The acquisition is seen as a good opportunity for geographical and business diversification, considering Shanghai Mita Ji's main business in the design, development, and sales of trendy toy products [1] - The company believes that the low initial investment burden will facilitate the expansion of its business scope in the trendy toy product sector [1]

Group 1 - The core point of the article is the announcement of a share transfer agreement between China New Retail Supply Chain (03928) and Shanghai Mita Ji Culture, where the latter agrees to sell 100% of its shares for RMB 1.5 million [1] - The payment for the share transfer has been completed on the same day the agreement was finalized, pending routine filing and registration [1] - The acquisition is seen as a strategic opportunity for the company to diversify its business and expand its presence in the rapidly growing trend toy industry in China, considering the low initial investment [1]