PAN ASIA ENVIRO (00556) announced that on February 6, 2026, the buyer, an indirect wholly-owned subsidiary of the company, signed an agreement with the seller and the target company. The buyer conditionally agreed to acquire a 51% equity interest in the target company for a consideration of RMB 1. As of the announcement date, the target company's registered capital has not been fully paid up. Following the completion of the acquisition, the buyer will be required to contribute RMB 5.1 million in capital according to its shareholding ratio and an agreed payment schedule, in compliance with Chinese company law and the target's articles of association. The target company is primarily engaged in chain restaurant retail operations. It manages beverage consumption venues focused on beer through both directly operated and centrally managed store models, utilizing digital systems to enhance operational efficiency and customer experience. The board of directors believes the acquisition will help strengthen and expand the group's core business operations.