On October 28, Grondou released an announcement that it plans to acquire 29% equity interest in the target company Rosy Estate Global Limited for 0.1 billion Hong Kong dollars. The acquisition was completed on October 28, 2024. After the completion, the company holds 80% of the target company's total issued share capital, and the target company remains an indirect non-wholly-owned subsidiary of the company, with the target company's financial performance continuing to be consolidated into the group's financial statements.

According to the sales agreement, the company has issued and distributed 0.2 billion shares of priced shares to the seller at a price per share of 0.5 Hong Kong dollars as authorized, accounting for approximately 6.7% of the company's enlarged issued share capital through the issuance and distribution of priced shares.