Core Viewpoint - Shunlong Holdings (00361) experienced a significant decline of over 20%, currently trading at 0.085 HKD with a transaction volume of 5.8787 million HKD, following the announcement of a strategic acquisition aimed at enhancing operational efficiency and competitiveness in the golf equipment sector [1] Group 1: Acquisition Details - Shunlong Holdings announced the intention to acquire 100% of the registered capital of Hio Pro (Vietnam) Sporting Goods Company Limited for a consideration of 2.5 million USD [1] - The target company is a wholly foreign-owned enterprise registered in Vietnam, primarily engaged in the manufacturing of golf equipment and related components [1] Group 2: Strategic Implications - The acquisition allows Shunlong Holdings to leverage its manufacturing capabilities in Vietnam, where export tariffs on golf products are lower than those from China, thereby alleviating tariff burdens faced by the group [1] - This strategic move is expected to enhance the competitiveness of the group's golf business and improve overall operational efficiency [1]

Core Viewpoint - Shunlong Holdings (00361) announced the acquisition of Hio Pro (Vietnam) Sporting Goods Company Limited for $2.5 million, aiming to enhance its competitiveness in the golf equipment market by leveraging lower export tariffs from Vietnam compared to China [1] Group 1: Acquisition Details - The buyer, Shunlong Golf Products Limited, is a wholly-owned subsidiary of Shunlong Holdings [1] - The target company has a registered capital of 615.20 billion Vietnamese Dong [1] - The acquisition is set to be completed on October 14, 2025 [1] Group 2: Strategic Rationale - The target company operates a golf equipment manufacturing plant in Vietnam [1] - The acquisition allows the group to export golf products manufactured in Vietnam to the U.S., reducing tariff burdens [1] - This move is expected to enhance the overall operational efficiency of the group [1]