According to the announcement from YUES INTL HLDG (01529), on April 13, 2026, the company's indirectly wholly-owned subsidiary Hangzhou Yaoshi Zhetong E-commerce Co., Ltd. (as the buyer) entered into a share transfer agreement with independent third party Mr. Zheng Jianqiang (as the seller), under which the buyer agrees to acquire and the seller agrees to sell 100% equity of Hangzhou Yixing Logistics Co., Ltd. (the target company) for a consideration of RMB 10,000.

The target company mainly engages in international freight forwarding services and several domestic transportation agency services, focusing on air freight and postal parcel business.

The target company has established business relationships with clients in the fields of air freight, cross-border logistics, and e-commerce logistics. The board believes that the acquisition will enable the group to leverage the target company's customer base, operational experience, and business qualifications, thereby facilitating the group's entry into the relevant supply chain and promoting the quality development of the group's logistics business.

The acquisition also allows the group to acquire the target company at a nominal price. Considering the target company's audited book value is negative and the liability allocation and indemnity arrangements under the agreement, the board believes that the group's downside risk is at a controllable level