Yunkang Group (02325) announced that on October 29, 2026 (after trading hours), the buyer, a wholly-owned subsidiary of Yunkang Industrial, entered into an equity transfer agreement with the seller, one of the contracting parties, to acquire a 24.0508% stake in Chongqing Lianxin for a consideration of RMB 65 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, whose principal activity is investment holding.
The company has been actively seeking opportunities to maximize returns for the company and its shareholders by investing in businesses or projects with sound prospects and potential, particularly those that can create business complementarity and strategic synergy with the group's core businesses.
The board of directors believes that the Chongqing Lianxin acquisition will generate significant synergies with the group's existing businesses, help advance the development of the group's innovative businesses, and align with the group's overall strategic layout and future development plans.
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