According to the Zhitong Finance App, Yunxingtai Group (08362) and the offender jointly announced that on January 26, 2024, the seller signed a sales agreement with the offender (Zhong Yuhua, Ou Honglian, Zhong Juzhi, and Zhong Rongzhi). The seller agreed to sell and transfer, and the offeror agreed to buy sales shares without any property rights burden. The cash cost was HK$41.924,200. Sales shares are 21,800 Jianjing Venture Capital shares, accounting for about 76.78% of the total issued share capital of Jianjing Venture Capital just before completion. On the date of this joint announcement, Jianjing Venture Capital held 1.05 billion shares, accounting for 75% of the company's issued share capital.

After completion, the offender held a total of 284,000 shares of Jianjing Venture Capital, which is equivalent to the total issued share capital of Jianjing Venture Capital. Immediately after completion, Mr. Chung subscribed and distributed 1,571 Jianjing Venture Capital shares at a price of 1 US dollar per share of Jianjing Venture Capital. All shares must be allotted and issued, and paid in full or credited in full. After distribution, Jianjing Venture Capital held 38%, 32%, 15% and 15% of the interests of Mr. Chung Ju-chi, respectively. Following completion and on the date of this joint announcement, the offender and those acting in concert and assuming concerted action held 1.05 billion shares through Jianjing Venture Capital, accounting for 75% of the Company's issued share capital.

Prior to completion, with the exception of 6,600 Jianjing Venture Capital shares owned by Ms. Ou, the offender and those acting in concert did not own, control or order any shares or other related securities of the Company. Following completion, as of the date of this joint announcement, the offender and those acting in concert held 1.05 billion shares through Jianjing Venture Capital, accounting for 75% of the total issued share capital of the Company. Accordingly, the offeror is required to make an offer in accordance with Rule 26.1 of the Takeovers Code for all issued shares not owned or agreed to be acquired by the offeror and those acting in concert with it. The offer price of HK$0.052 in cash for each of the offered shares is about 48.57% premium over the closing price of HK$0.035 per share on January 26.

The company has applied for shares to resume trading on the Stock Exchange at 9:00 a.m. on February 2, 2024.