YUNKANG GROUP (02325) plans to acquire a 24.0508% equity interest in Chongqing Lianxin for RMB65 million.
YUNKANG GROUP (02325) announced that on October 29, 2026 (after trading hours), the buyer (a wholly-owned subsidiary of Yunkan Industrial) and the seller (one of the contracting parties) entered into an equity transfer agreement, pursuant to which the buyer intends to acquire a 24.0508% equity interest in Chongqing Lianxin from the seller for a consideration of RMB65 million. Upon completion of the Chongqing Lianxin acquisition, the company will hold a 24.0508% equity interest in Chongqing Lianxin.
YUNKANG GROUP (02325) announced that on October 29, 2026 (after trading hours), the buyer (a wholly-owned subsidiary of Yunkan Industrial) and the seller (one of the contracting parties) entered into an equity transfer agreement, pursuant to which the buyer intends to acquire a 24.0508% equity interest in Chongqing Lianxin from the seller for a consideration of RMB65 million. Upon completion of the Chongqing Lianxin acquisition, the Company will hold a 24.0508% equity interest in Chongqing Lianxin.
The buyer is a wholly-owned subsidiary of the Company, with investment holding as its principal activity. The Company has been actively seeking opportunities to create maximum returns for the Company and its shareholders by investing in businesses or projects with good prospects and potential (in particular, businesses or projects that can form business complementarity and strategic synergies with the Group's principal businesses). The Board believes that the Chongqing Lianxin acquisition will generate significant synergies with the Group's existing businesses, be beneficial to advancing the development of the Group's innovative businesses, and be in line with the Group's overall strategic layout and future development plans.
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