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GOME Retail: Agrees to acquire a 51% stake in Levo Asia-Pacific Industrial Co., Ltd., with a maximum consideration of 41,79.45 million yuan (i.e., 4,179.45 million yuan)

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Mars Finance News, June 5—According to an announcement by Gome Retail on the Hong Kong Stock Exchange, on June 5, 2026, the company, as the buyer, and the seller, as the seller, entered into this agreement. Pursuant to the agreement, the company conditionally agrees to acquire, and the seller conditionally agrees to sell, the sales shares (equivalent to 51% of the issued shares of the target company, Levo Asia Pacific Industrial Co., Ltd.), for a maximum consideration of RMB 41.7945 million. This consideration will be paid by the company to the seller by issuing and allotting consideration shares at the time the agreement is completed (up to 3,428,940,193 new shares). Immediately after the completion of the agreement, the target company will become a subsidiary of the company, and the financial performance of the target company will be consolidated into the Group’s financial statements. As of the date of the agreement, the target company was held 49% by the seller, 35% by the seller, and 16% by Gome Electrical Appliances (Hong Kong) Limited. Gome Electrical Appliances (Hong Kong) Limited is a company controlled by Huang Guangyu. (Company Announcement)
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