Quanshi International (00381.HK) may acquire a 51% stake in Hainan Miao Chain Technology and sign a memorandum of understanding.

Zhixin Financial APP News, Quanshi International (00381.HK) announced that on September 12, 2025, the company entered into a memorandum of understanding with Ms. Wang Fang (the seller). The parties agree to negotiate on the possible conditional acquisition by the company and possible conditional sale by the seller of 51% equity in Hainan Miaolian Technology Co., Ltd. (the target company). Upon the finalization and execution of the final agreement by the company (or its wholly-owned subsidiary nominated by the company) and the seller, and upon completion of the potential acquisition, the financial performance of the target company will be consolidated into the company's financial statements.