Group 1 - The company, Hengtai (00197.HK), announced that its wholly-owned subsidiary, Shining Impact Limited, plans to acquire all issued share capital of Yingkai International Travel Limited from Tang Jianyan for HKD 972,000 [1] - Yingkai International Travel Limited primarily engages in providing comprehensive travel arrangements for Chinese tour groups visiting Hong Kong, including accommodation coordination, meal arrangements, sightseeing tours, and shopping experiences [1]

Core Viewpoint - The company, Hengtai (00197), announced a strategic acquisition aimed at expanding its business into the recovering tourism sector in Hong Kong by purchasing all issued shares of Yingkai International Travel Limited for HKD 972,000 [1] Group 1: Acquisition Details - The buyer is Shining Impact Limited, a wholly-owned subsidiary of Hengtai [1] - The acquisition is set to be completed on December 24, 2025 [1] - The target company specializes in providing comprehensive travel arrangements for mainland Chinese tourists visiting Hong Kong, including accommodation coordination, meal arrangements, sightseeing tours, and shopping experiences [1] Group 2: Strategic Intent - The acquisition is part of the company's ongoing efforts to strengthen and diversify its business [1] - The move is intended to enhance shareholder value by tapping into the recovering tourism industry in Hong Kong [1]