TSINGTAO BREW (00168): Termination of the acquisition of all shares of Jinan Huangjiu in Jimo

TSINGTAO BREW (00168) announces that, regarding the acquisition of all the equity of Jimo Huangjiu, as of October 27, 2025, the preconditions for delivery as agreed in the transfer agreement have not been met. As a result, the transaction for this acquisition is terminated, and the company will not be liable for any breach of contract due to the termination of the transfer agreement.