YSB announced on October 15, 2024, that it will acquire 100% of the target company's shares for approximately RMB 103.485 billion, making it a wholly-owned subsidiary. The acquisition will be completed through cash and issuance of consideration shares, with the consideration shares expected to account for approximately 8.04% of the enlarged company's issued share capital. After the acquisition, the financial performance, assets, and liabilities of the target group will be included in YSB's consolidated financial statements. In addition, YSB will change the purpose of the net proceeds from the global sale of HKD 167.4 million to investment or acquisition of projects related to the company's main business. The acquisition has been exempted shareholder approval, but completion is subject to the satisfaction of certain conditions precedent. Shareholders and potential investors should proceed with caution.

YSB announced on October 15, 2024, that it will acquire 100% of the target company's shares for approximately RMB 103.485 billion, making it a wholly-owned subsidiary. The acquisition will be completed through cash and issuance of consideration shares, with the consideration shares expected to account for approximately 8.04% of the enlarged company's issued share capital. After the acquisition, the financial performance, assets, and liabilities of the target group will be included in YSB's consolidated financial statements. In addition, YSB will change the purpose of the net proceeds from the global sale of HKD 167.4 million to investment or acquisition of projects related to the company's main business. The acquisition has been exempted shareholder approval, but completion is subject to the satisfaction of certain conditions precedent. Shareholders and potential investors should proceed with caution.