Hope Life explores strategic acquisition of supply chain stake

Hope Life International Holdings Limited has entered into a Memorandum of Understanding (MOU) with Mr. Wang Chaojie on November 11, 2025, to negotiate the possible acquisition of a 51% interest in Henan Jiucai Supply Chain Management Co., Ltd. The potential transaction, if finalized, would consolidate the target company's financial results into Hope Life's statements, aligning with the group's investment strategy to strengthen existing business and introduce a new income stream.

The target company, registered in Henan Province in 2023, specializes in fresh produce supply chain management, integrating blockchain and AI technologies. The consideration for the acquisition and payment methods will be determined in a definitive agreement within three months of the MOU's signing, referencing an independent professional valuation. The MOU includes an exclusivity period, during which Hope Life will conduct due diligence.

The MOU itself does not create binding legal obligations for the parties, except for provisions related to due diligence, exclusivity, costs, confidentiality, and governing law. Shareholders and potential investors are cautioned that the possible acquisition is subject to further negotiations and may not materialize, with definitive terms yet to be agreed upon. If the acquisition proceeds, it may constitute a notifiable transaction under Chapter 14 of the Listing Rules.