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China Securities International (00943) plans to acquire a digital solutions company for the beauty industry for HK$62.5 million to resume trading on January 5

Zhitongcaijing·01/04/2026 12:01:01
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Zhitong Finance App News, China Securities International (00943) issued an announcement. On December 31, 2025 (after the Stock Exchange trading session), the company entered into an acquisition agreement with the seller Elly Beauty Group Limited. According to this, the company conditionally agreed to the acquisition, and the seller conditionally agreed to sell (i) sales shares, that is, all shares of the target company Elise Beauty Group Limited upon completion; and (ii) sales loans, that is, the total amount of outstanding loans owed by the target company to the seller's shareholders at the time of completion. The total cost is HK$62.5 million, which will be paid through the company allotting and issuing a total of 342 million consideration shares to the seller at an issue price of HK$0.1828 per share.

At the time of completion, the target group will hold Imeizhong as its main operating subsidiary. Imeizhong is mainly engaged in software application development, covering digital enabling solutions and software-as-a-service applications for the beauty industry in Guangdong, China.

The seller will implement a restructuring to establish the target group's shareholding structure. After the restructuring is completed, the target company will indirectly wholly own Ibero-American. Imeizhong has close to 200 beauty center and medical beauty center customers (including Zhi Yan Xi's two directly managed branches). These customers all use its customized cloud application and supporting software, and nearly 30 customers use its software-as-a-service application for open subscriptions.

The company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange from 9:00 a.m. on January 5, 2026 (Monday).