Group 1 - Jitu Express and SF Holding announced a strategic mutual shareholding agreement with an investment amount of HKD 8.3 billion [1] - Jitu Express will issue 822 million Class B shares to SF Holding at HKD 10.10 per share, while SF Holding will issue 226 million H shares to Jitu Express at HKD 36.74 per share [1] - After the transaction, SF Holding will hold 10% of Jitu Express, and Jitu Express will hold 4.29% of SF Holding [1] Group 2 - The strategic cooperation aims to leverage the complementary strengths of both companies in the global supply chain context, focusing on efficient integration of scarce resources in end-to-end cross-border logistics [2] - SF Holding's core resources in cross-border logistics and Jitu's efficient last-mile delivery network will provide customers with a more reliable one-stop comprehensive logistics service [2] - The collaboration is expected to enhance both companies' logistics capabilities in overseas markets, promoting growth in overseas business, which is a key growth engine [2]

Core Viewpoint - Pan-United International Holdings announced a placement of new shares to raise approximately HKD 710 million, with net proceeds expected to be around HKD 700 million after expenses [1] Group 1: Financing Details - The company plans to issue 156,000,000 shares at a placement price of HKD 0.455, representing a discount of approximately 10.8% to the last closing price of HKD 0.51 and a 19.6% discount to the average closing price of HKD 0.566 over the past five trading days [1] - The new shares will account for about 20.0% of the existing issued share capital and approximately 16.7% of the enlarged share capital post-placement [1] Group 2: Use of Proceeds - Approximately HKD 600 million of the proceeds will be allocated to enhance the existing logistics business, including warehouse expansion [1] - Around HKD 100 million will be used for general working capital [1] Group 3: Company Overview - Pan-United International Holdings is a well-known cross-border e-commerce logistics service provider, offering end-to-end logistics services that include delivery route planning, transportation mode selection, and customs compliance [1]