Xinhua Winshare Publishing & Media (00811) plans to acquire 100% equity of Sichuan Nationalities Publishing House for RMB 346 million.

Xinhua Winshare Publishing & Media (00811) announced that on September 21, 2026, the board of directors approved the "Resolution on the Company's Acquisition of 100% Equity of Sichuan Nationalities Publishing House Co., Ltd.", approving the potential acquisition. The Company (as purchaser) intends to enter into an equity transfer agreement with Sichuan Xinhua Publishing & Distribution Group (as seller) in respect of the potential acquisition, pursuant to which Sichuan Xinhua Publishing & Distribution Group will agree to sell, and the Company will agree to purchase, the target equity for a consideration of RMB 346 million. As at the date of this announcement, the Company does not hold any equity interest in the target company. Upon completion of the potential acquisition, the Company will hold 100% equity of the target company, and the target company will become a wholly-owned subsidiary of the Company, whose financial statements will be consolidated into the Group's consolidated financial statements. The target company is a limited liability company incorporated in China, principally engaged in publishing in ethnic minority languages such as Tibetan and Yi, ethnic cultural publishing, compilation of ethnic ancient texts, thematic publishing and ethnic academic publishing. In recent years, the Group has focused on the development of its core publishing and distribution business in line with its strategic planning. The target company has an authoritative position and scale advantages in fields such as Tibetan, Yi and ethnic academics, and has accumulated rich ethnic ancient literature, academic resources and a team of authors, with significant brand influence. The potential acquisition will help the Company further improve its layout in the field of ethnic publishing content, enrich its content supply system, enhance industrial resilience and core competitiveness, and facilitate the high-quality development of its core business. At the same time, it will help resolve the potential horizontal competition issue with the controlling shareholder and further ensure the Company's governance compliance.