Zhongzheng International Company Limited (00943.HK): Acquires beauty industry digital service provider for HK$62.5 million, resumption of trading on January 5

On January 4, 2026, Zhongzheng International (00943.HK) announced a major acquisition, making a precise entry into the digital track of the beauty industry. According to the announcement, Zhongzheng International will conditionally acquire all equity interests in the target company held by the seller and the outstanding shareholder loans owed by the target company to the seller, with a total fixed consideration of HK$62.5 million. For the payment method, the company will settle the consideration by issuing and allotting consideration shares to the seller at an issue price of HK$0.1828 per share, corresponding to a total issuance volume of 341.9037 million shares.

It is reported that the seller will first implement an internal restructuring to enable the target company to indirectly hold 100% equity in Yimeizhong, which will become the main operating company of the target group. Yimeizhong's core business is the research and development of cloud-based software applications suitable for beauty centers and medical beauty centers, with its business covering the Guangdong region of China.

Zhongzheng International stated that the acquisition consideration was determined through fair negotiations, taking into account factors such as the valuer's valuation of Yimeizhong, its past financial performance, development prospects, and synergistic effects. The board of directors believes the consideration is fair and reasonable. In addition, the company's shares have been suspended from trading since January 2, 2026, and an application has been made for the resumption of trading on January 5.