Chaoyun Group (06601) plans to acquire 100% of Hebei Kangda's shares for up to 450 million yuan

Zhitong Finance App News, Chaoyun Group (06601) issued an announcement. On December 31, 2025, the buyer Guangzhou Zhaoyun Holdings Co., Ltd. (a wholly-owned subsidiary of the company), the seller (Zuo Yulong, Liu Xuchun, Bai Shuchang, He Jianwei, He Jianning, Hu Jianguo, Xin Chuansan, Shijingshan, Yuan Xinle, Wang Xuemin, Zhou Ziyan and Zhang Kunyuan) and the target company Hebei Kangda Co., Ltd. signed an agreement. Based on this, the buyer conditionally agreed to acquire 100% of the target company's shares (the maximum possibility) from the seller The cost was RMB 450 million (equivalent to approximately 495 million yuan) HKD). After completion, the target company will become an indirect wholly-owned subsidiary of the company, and the target group's financial results will be consolidated into the group's financial statements.

The target company is a limited company established under Chinese law, which is mainly engaged in research, development, production and sales of household pesticides, detergents, household chemicals and aerosol products.

The Group carried out strategic acquisitions aimed at further enhancing the Group's market competitiveness in the home care category in the northern region and increasing the breadth and depth of coverage of China's domestic terminal market. After completion, the Group will integrate resources from multiple aspects and angles to enhance the synergy between the Group's existing home care business and the target company's business, thereby creating greater value for shareholders:

1. Rapidly expand the northern home care market: The target company has been deeply involved in the northern Chinese market for more than 30 years. It is a leading home care enterprise in northern China, has accumulated rich customer resources, and has good development prospects. The acquisition will help the Group further optimize its industrial layout in the northern region.

2. Achieve dual-brand collaboration and efficiency improvement: The “Chaowe+ Gunner” brands form complementary advantages, promote multi-dimensional collaboration in product innovation, technology development and supply chain, and enhance the Group's market competitiveness and operational efficiency.

3. Achieve product category leadership and consolidate the Group's market position: Through acquisitions, it is possible to quickly increase the market share of household pesticides, household cleaning and other categories, and consolidate the Group's leading position in the industry.

4. Increase revenue and profit and enhance the Group's overall financial performance: The target company's financial indicators will continue to be stable. After completion, it will increase the Group's revenue scale and profit performance, and create continuous long-term value for the Group and shareholders.