Pan Asia Environmental Protection Group Limited (556) announced that on 6 February 2026, its indirect wholly-owned subsidiary, Fanzhicheng Digital Technology (Chengdu) Company Limited, entered into an equity transfer agreement with an independent third party, Mr. Lai Hao, to acquire 51% of the equity interests in Xilailu Brand Management (Guangzhou) Co., Ltd. at a consideration of RMB1.

Upon completion, the purchaser is required to make a capital contribution of RMB5.1 million to Xilailu Brand Management (Guangzhou), corresponding to its 51% shareholding. Currently, the target company’s registered capital is not fully paid up.

Xilailu Brand Management (Guangzhou) is engaged in chain-operated catering and beverage retail operations, highlighting beer-focused consumption scenarios backed by digital systems. According to Pan Asia Environmental Protection Group Limited (556), the acquisition aligns with the company’s plan to enhance and expand its principal business. The transaction is expected to close on or before 30 March 2026, subject to due diligence, necessary approvals, and other conditions precedent.