Rongzun International shareholder Yang Jingyao launches HK$ 0.52-a-share takeover offer

• Mr. Yang Jingyao agreed to buy remaining shares of Rongzun International via a cash offer priced at HK$0.52 per share, valuing total equity at HK$322.4 million.
• Offer followed purchase of 84,000,000 shares for HK$43.68 million, lifting his stake to 207,000,000 shares, or 33.39% of 620,000,000 shares outstanding.
• Offer targets 413,000,000 shares, implying maximum payout of HK$214.76 million if fully accepted.
• Completion requires acceptances sufficient to take Yang’s voting control above 50% by offer close.
• Shares were set to resume trading at 9:00 a.m. on May 8, 2026 following a suspension that began April 8, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rongzun International Holdings Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260507-12152257), on May 07, 2026, and is solely responsible for the information contained therein.