Impression Dahongpao Plans to Acquire Fixed Assets of Impression Tianjie

$IMPRESSION DHP (02695.HK)$The company announced its intention to acquire fixed assets from an independent third party, Fujian Spring Catering Management. The assets include the decoration and supporting facilities of the Impression Sky Street at the Wuyi Mountain Da Hong Pao Experience Center located in the Tea Expo Park within the Wuyi Mountain Resort Area in Fujian Province. The purchase consideration, based on the valuation conclusion, is RMB 13.13 million.