Core Viewpoint - The acquisition of a 72.5% stake in Jiangxi Jiuai Food Co., Ltd. by Qian Shi International's wholly-owned subsidiary, Qiaoxiong (Fujian) Investment Co., Ltd., for HKD 59 million is seen as an attractive opportunity to enhance the company's business portfolio and benefit from the target company's profits [1] Group 1: Acquisition Details - The acquisition will be settled through the issuance of convertible bonds worth HKD 59 million at a conversion price of HKD 0.25 per share [1] - Jiangxi Jiuai Food Co., Ltd. operates a production base covering approximately 340 acres with a building area of about 147,000 square meters [1] Group 2: Target Company Overview - The target company is a leading beverage processing enterprise in Fuzhou, with five product lines under the "Aizhilian" brand, including Nanfeng honey tangerine vinegar, Nanfeng honey tangerine juice, plant protein, fermented fruit juice, and grain protein [1]

Core Viewpoint - The company QianShi International (00381.HK) has entered into an agreement to acquire a 72.5% stake in Jiangxi Jiuai Food Co., Ltd. for HKD 59 million, which will be settled through the issuance of convertible bonds at a conversion price of HKD 0.25 per share [1][2]. Group 1: Acquisition Details - The buyer, QianShi International's wholly-owned subsidiary, has agreed to purchase the stake from the seller, Zhuo Wenjie, under a conditional sales agreement [1]. - The acquisition price is set at HKD 59 million, which will be settled via convertible bonds [1]. - Jiangxi Jiuai Food Co., Ltd. has a notable beverage brand "Ai Lian," which has been in the market for over ten years and appeals to consumers of all age groups [1]. Group 2: Target Company Overview - The target company operates under the "Ai Lian" brand and has five product lines, including fruit vinegar, fruit juice, plant protein, fermented fruit juice, and grain protein [2]. - The brand primarily targets the consumer market in third and fourth-tier cities in Southeast China, including Fujian, Jiangxi, and Jiangsu [2]. - The company has established a network of over 50 distributors and also provides beverage processing services to other companies [2]. Group 3: Strategic Rationale - The acquisition is seen as an attractive opportunity for the company to enhance its business portfolio and benefit from the profitability of the target company [2]. - The company aims to strengthen its business and increase shareholder value, aligning with the growing focus on healthy lifestyles in China [2].

Core Viewpoint - The acquisition of a 72.5% stake in Jiangxi Jiuai Food Co., Ltd. by Qian Shi International's wholly-owned subsidiary is seen as an attractive opportunity to enhance the company's business portfolio and benefit from the target company's profitability [1] Group 1: Acquisition Details - Qian Shi International (00381) announced the acquisition of a 72.5% stake in Jiangxi Jiuai Food Co., Ltd. for HKD 59 million [1] - The transaction will be settled through the issuance of convertible bonds worth HKD 59 million at a conversion price of HKD 0.25 per share [1] - The target company operates a production base covering approximately 340 acres with a building area of about 147,000 square meters in Nanfeng County, Fuzhou City, Jiangxi Province [1] Group 2: Target Company Overview - Jiangxi Jiuai Food Co., Ltd. is a leading beverage processing enterprise in Fuzhou City [1] - The company owns the "Aizhilian" brand and has five product lines, including Nanfeng honey tangerine vinegar, Nanfeng honey tangerine juice, plant protein, fermented fruit juice, and grain protein [1] Group 3: Strategic Implications - The acquisition is expected to enhance the business mix of Qian Shi International and allow the group to benefit from the profits contributed by the target company [1]