Group 1 - The company, Huaxun (00833.HK), announced the acquisition of 51% of the registered capital of the target company, Momentum Industrial (Vietnam) Limited, which is expected to be completed by December 31, 2025 [1] - The board believes that the acquisition will not have any significant adverse impact on the group's financial condition or operations [1] - Following the completion of the acquisition, the target company will become an indirect non-wholly-owned subsidiary of the company, and its financial performance will be consolidated into the group's financial statements [1] Group 2 - The target company, Momentum Industrial (Vietnam) Limited, is a limited liability company registered under Vietnamese law, primarily engaged in the manufacturing of telecommunications, healthcare, home automation, and industrial electronic components [1] - As of the announcement date, the target company's invested capital is 706.74 billion Vietnamese Dong, equivalent to 3 million USD, representing 100% of its registered capital [1] - The target company operates electronic product manufacturing facilities located in Ho Chi Minh City, Vietnam [1]

Core Viewpoint - The company has entered into a conditional sale agreement to acquire 51% of the capital of Momentum Industrial (Vietnam) Limited for a price of $2 million, which will enhance its operational capabilities in Vietnam and align with its long-term strategic goals [1] Group 1: Acquisition Details - The acquisition involves the purchase of 51% of the target company's capital, with a transaction value of $2 million [1] - Upon completion, the target company will become an indirect non-wholly-owned subsidiary of the company, and its financial performance, assets, and liabilities will be consolidated into the company's financial statements [1] Group 2: Strategic Importance - The board views the acquisition as a significant step in the company's strategic development, aimed at expanding production facilities to other Asian countries to meet changing customer demands [1] - The company plans to enhance management efficiency and integrate resources based on the existing operations of the target company [1] - The acquisition will provide the company with its own production facilities in Vietnam, increasing flexibility in production and improving service to customers [1]

Core Viewpoint - The company, Huaxun (00833.HK), has announced a conditional agreement to acquire 51% of the equity capital of Momentum Industrial (Vietnam) Limited for USD 2 million (approximately HKD 15.56 million), marking a strategic expansion into Vietnam's manufacturing sector [1] Group 1: Acquisition Details - The acquisition involves purchasing 51% of the target company's equity capital, which is valued at USD 2 million [1] - Momentum Industrial (Vietnam) Limited is a wholly-owned subsidiary of the seller, specializing in manufacturing telecommunications, healthcare, home automation, and industrial electronic components [1] - The target company's total equity capital is 706.74 billion Vietnamese Dong, equivalent to USD 3 million, representing 100% of its registered capital [1] Group 2: Strategic Implications - The board of directors views the acquisition as a significant step in the company's strategic development, aimed at expanding production facilities to meet evolving customer demands [1] - The company plans to enhance management efficiency and resource integration based on the existing operations of the target company [1] - This acquisition will provide the company with its own production facilities in Vietnam, increasing flexibility in production and improving service to customers [1]

Core Viewpoint - The company has entered into a conditional sale agreement to acquire 51% of the capital of Momentum Industrial (Vietnam) Limited for $2 million, which will enhance its strategic development and operational capabilities in Asia [1][1]. Group 1: Acquisition Details - The acquisition involves the purchase of 51% of the target company's capital for a total consideration of $2 million [1]. - Upon completion, the target company will become an indirect non-wholly owned subsidiary of the company, with its financial performance, assets, and liabilities incorporated into the group's financial statements [1]. Group 2: Target Company Profile - Momentum Industrial (Vietnam) Limited is a limited company registered under Vietnamese law, primarily engaged in the manufacturing of telecommunications, healthcare, home automation, and industrial electronic components [1]. Group 3: Strategic Importance - The board believes that the acquisition is a significant step in the group's strategic development, aimed at expanding production facilities to meet changing customer demands in other Asian countries [1]. - The group plans to enhance management efficiency and integrate resources based on the existing operations of the target company [1]. - Establishing production facilities in Vietnam will increase the group's operational flexibility, allowing for better service to customers [1].

Core Viewpoint - The company has entered into a conditional sale agreement to acquire 51% of the capital of Momentum Industrial (Vietnam) Limited for a price of $2 million, which will enhance its strategic development and operational capabilities in Asia [1] Group 1: Acquisition Details - The acquisition is set to be completed on December 9, 2025, making the target company an indirect non-wholly owned subsidiary of the company [1] - The target company is registered in Vietnam and primarily engages in the manufacturing of telecommunications, healthcare, home automation, and industrial electronic components [1] Group 2: Strategic Importance - The board believes that this acquisition is a significant step in the company's strategic development, aimed at expanding production facilities to meet changing customer demands in other Asian countries [1] - The company plans to enhance management efficiency and integrate resources based on the existing operations of the target company [1] - This acquisition will provide the company with its own production facilities in Vietnam, increasing flexibility in production and improving service to customers [1]

Core Viewpoint - The company has entered into a conditional sale agreement to acquire 51% of the capital of Momentum Industrial (Vietnam) Limited for USD 2 million, marking a strategic expansion into Vietnam's manufacturing sector [1] Group 1: Acquisition Details - The acquisition involves the purchase of 51% of the target company's capital, with a total consideration of USD 2 million [1] - Upon completion, the target company will become an indirect non-wholly owned subsidiary of the company, and its financial performance, assets, and liabilities will be consolidated into the company's financial statements [1] Group 2: Target Company Profile - Momentum Industrial (Vietnam) Limited is a limited company registered under Vietnamese law, primarily engaged in the manufacturing of telecommunications, healthcare, home automation, and industrial electronic components [1] Group 3: Strategic Importance - The board believes that the acquisition is a significant step in the company's strategic development, aimed at expanding production facilities to meet changing customer demands in other Asian countries [1] - The company plans to enhance management efficiency and integrate resources based on the existing operations of the target company [1] - This acquisition will provide the company with its own production facilities in Vietnam, increasing flexibility in production and improving service to customers [1] - The board considers the acquisition to be in the overall interest of the company and its shareholders, aligning with the company's long-term strategic goals [1]