Hanno Jiachi (08428) affiliate reached a strategic cooperation with the head of Shanxi Wei as a key measure to open up the Chinese market and achieve long-term sustainable development

Zhitong Finance App News, Hanno Jiachi (08428) issued an announcement. On December 9, 2025, Hanno Jiachi (Chengdu) Technology Co., Ltd., an indirect non-wholly-owned subsidiary of the company, reached a strategic cooperation with Shanxi Weishangmen Supply Chain Management Co., Ltd. (Shanxi Weishangmen). The two sides agreed to open a national catering business market layout and promote the promotion and operation of the catering business of the chain brand “Yan Qigong”.

Shanxi Weishangmen is a company established in accordance with Chinese law. It mainly operates the restaurant business of the chain brand “Yan Qigong”, and has rich experience in restaurant management and operation.

“Yan Qigong” is a chain brand focusing on specialty food categories and has a mature operating foundation. This strategic cooperation is a key step for the Group to deepen the layout of the food and beverage consumer service sector, open up the Chinese market, and achieve long-term sustainable development. The Group will use integrated market resources and brand promotion advantages to improve the operation system and support capabilities of “Yan Qi Gong” to lay the foundation for its nationwide expansion. At present, “Yan Qigong” has completed store layouts in many key cities across the country and is operating well; in the future, it plans to further expand the size of stores through standardized operation and brand upgrades, and promote the continuous development of the brand by launching franchisee plans and expanding product lines.

The board of directors believes that this strategic cooperation will further enhance the Group's core competitiveness, and will continue to use the catering business as the core driving force in the consumer sector to jointly promote the Group's other future businesses, including technology, digital cultural creativity, artificial intelligence application development, and the development of the food supply chain. It is committed to increasing the Group's profitability and enhancing the sustainability of business growth, and bringing long-term value to the Group, which is in line with the overall interests of the company and its shareholders.