The company Quanshi International (00381) plans to issue convertible bonds worth 59 million Hong Kong dollars to acquire 72.5% of the equity of Jiangxi Jiuaishi Food Co., Ltd.

Zhixin Finance App News, Wise International (00381) announced that on November 7, 2025, the company's wholly-owned subsidiary Qiaoxiong (Fujian) Investment Limited intends to acquire 72.5% equity of Jiangxi Jiuai Food Limited Company from Zhuo Wenjie for a consideration of 59 million Hong Kong dollars. The company will settle the transaction by issuing convertible bonds with a total amount of 59 million Hong Kong dollars at a conversion price of 0.25 Hong Kong dollars per share through the buyer to prompt the company to issue convertible bonds.