AOM INT'L Plans to Issue HK$59 Million Convertible Bonds for 72.5% Stake Acquisition in Jiangxi Jiuai Food

Deep News11-09

AOM INT'L (00381) announced on November 7, 2025, that its wholly-owned subsidiary, Qiaoxiong (Fujian) Investment Co., Ltd., intends to acquire a 72.5% stake in Jiangxi Jiuai Food Co., Ltd. from Zhuo Wenjie for HK$59 million. The consideration will be settled by the issuance of convertible bonds worth HK$59 million by the buyer, with a conversion price of HK$0.25 per share.

The target company operates a production base in Nanfeng County, Fuzhou City, Jiangxi Province, covering approximately 340 acres with a total floor area of 147,000 square meters, equipped with production facilities. It is one of the leading beverage processing enterprises in Fuzhou. Currently, the company owns five product lines under the brand "Ai Zhi Lian," including Nanfeng tangerine vinegar, Nanfeng tangerine juice, plant-based protein, fermented juice, and grain protein.

AOM INT'L believes the acquisition presents an attractive opportunity to enhance its business portfolio and benefit from the target company's profitability.

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