StarGlory Holdings Company Limited announced that, after trading hours on 1 September 2026, its indirect wholly owned subsidiary Yongyaoxing Technology (Shenzhen) Co., Ltd. signed a sale and purchase agreement with Shenzhen Xinluhui Technology Co., Ltd. to acquire 51 % of Shenzhen Zhongao Catering Management Co., Ltd. for RMB0.05 million in cash. The payment will be made in a single lump sum within 12 months of the agreement date, funded entirely by internal resources.

Upon completion, StarGlory will consolidate the target company, which will become an indirect non-wholly-owned subsidiary holding 51 % of issued capital.

The target, incorporated on 17 November 2025, operates a 1,300-square-metre Cantonese Shunde-style restaurant in Nanshan District, Shenzhen, branded “Tan Sai Gai.” Key unaudited financials are: • Revenue of RMB3.01 million for the seven months ended 31 July 2026 • Loss after tax of RMB0.40 million over the same period • Net liabilities of RMB1.13 million as at 31 July 2026

Strategically, management expects the acquisition to expand StarGlory’s catering footprint in the high-consumption Shenzhen market while adding scale within the Guangdong-Hong Kong-Macao Greater Bay Area. With a minimal upfront outlay of RMB0.05 million, the board views the financial burden as limited and the potential synergies as attractive.

Completion is conditional on standard precedent items, including full capital subscription by the vendor, satisfactory financial and legal due diligence, and issuance of change-of-shareholder registration by the Shenzhen Market Supervision Administration.

Under Chapter 19 of the GEM Listing Rules, the deal qualifies as a discloseable transaction, triggered by percentage ratios exceeding 5 % but below 25 %. No shareholder approval is required, yet investors are advised to exercise caution until all conditions are fulfilled and the closing is confirmed.