AOM INT'L (00381.HK): Joint Venture Yingyang Smart Technology Formed with Yingyang Life Group

NewTimeSpace News: On 22 October 2026, AOM International Group Company Limited (the "Company") voluntarily announced that it referred to its announcement dated 22 September 2026 regarding the memorandum of understanding entered into between the Company and Yingyang Life Group Limited (the "JV Partner") in relation to the establishment of a new joint venture in Hong Kong by the Company (or its designated subsidiary) and the JV Partner (or its designated subsidiary). The board was pleased to announce that Kiu Hung Investment (Asia) Limited ("Kiu Hung Investment"), a wholly-owned subsidiary of the Company, and the JV Partner have recently jointly contributed capital to establish Yingyang Smart Technology Company Limited (the "JV Company").

The announcement disclosed that the JV Company will build a global health data asset operation platform for the Group, with the JV Partner being fully responsible for its actual operation; the cooperation combines the complementary resources of both parties, integrating the Harvard core technology, AI smart ring and leading "health data assetisation (RWA) and SaaS model" owned by the JV Partner with the Company's health consumer product projects covering Chinese herbal medicine, tea and yellow rice wine, so that the combination can rapidly convert technology into physical revenue and digital assets.

The Company stated that, in terms of contributions and governance, the Company will mainly contribute listed company credit and compliant disclosure channels, and provide Hong Kong office space and licences and other compliant operating qualifications, while appointing one director and a financial officer to control funds and risk management; the JV Partner will introduce the supply chain, core intellectual property rights, R&D team and global channels for anti-ageing products and AI hardware, and appoint a team to be fully responsible for the operation of the JV Company. The JV Company's management team comprises: Mr. Guo Fengchao (aged 54, currently chairman of the board of Huaci Technology Holdings, formerly Asia-Pacific CEO of Germany's ELIOG & Kelviplast Group and chairman of Kulun Cooling Technology (Shanghai) Co., Ltd.); Ms. Sun Di (aged 39, holding a bachelor's degree in marketing design, formerly co-founder of Yijiayi Technology Co., Ltd. and general manager of Powerlong Group's healthcare business, currently vice president and director of Huaci Group and executive vice chairman of the outbound investment committee of the China Asia Economic Development Association, and executive director and CEO of the JV Partner since November 2025); and Mr. Yang Aoze (aged 24, holding a bachelor's degree in international trade from Monash University in Melbourne, Australia and an MBA from the Hong Kong Polytechnic University, currently a board member of Huaci Technology Holdings and a director of the JV Partner). The board considers that the establishment of the JV Company fits the Group's investment strategy of seeking business opportunities and its intention to invest in quality businesses with good potential that can expand the Group's business, and will provide an opportunity for the Company to diversify the Group's revenue sources and enhance shareholder value.