ZHONG JIA GX plans to acquire 100% equity of Dongguan Zhongxing Supply Chain Co., Ltd.

On March 24, 2026, Zhong Jia GX (00899) announced that its indirect wholly-owned subsidiary, Youyou Investment Limited, plans to acquire 100% equity of Dongguan Zhongxing Supply Chain Limited from Shenzhen Meishuashuai Food Management Limited for a total consideration of RMB 1. The target company is mainly engaged in supply chain management business. The company believes that the acquisition of 100% equity of the target company is a strategically investment opportunity to expand its revenue sources in the water business, strengthen market penetration, and B2B redistribution. Through comprehensive integration of the target company, the group can leverage its existing capabilities, established supply chain operations, and sales channels to pursue further growth opportunities in the water business. This move supports the group's commitment to prudent expansion and excellent operations, aiming to create value for shareholders, quickly enter the mass market, actively seek cooperation with retail platforms with immediate potential, and develop customized B2B products.