Anchorstone (01592.HK) announced that it will indirectly acquire all the equity of Yunshi and Huagang Stone business in Xiamen Asia Pacific from Chairman and controlling shareholder Lei Yurun. According to the review report dated October 3, 2024 by the buyer's auditor, the actual profit during the guarantee period is approximately 13.0814 million yuan, which is about 4.9186 million yuan less than the guaranteed profit.

According to the adjusted arrangement, the price will be reduced to 72.6747 million yuan, exceeding the value of the consideration shares (about 50 million yuan). Therefore, the buyer will urge the company to issue 0.267 billion shares of consideration shares to Lei Yurun within 14 business days after the review report date, equivalent to approximately 11.06% of the expanded capital stock, at a price of 0.085 yuan per share, to pay the adjusted balance of about 22.6747 million yuan.

After completion, Lei Yurun and his associates' shareholding in the company will increase from 63.97% to 67.96%.