YUFENGCHANG HLD (08631) and the offeror, Quanbao Group Limited, jointly announced that the offer closed at 4:00 p.m. on Friday, December 5, 2025, with no further amendments or extensions made by the offeror. As of the deadline specified in the offer document, the offeror had received valid acceptances for a total of 457,000 offer shares, representing approximately 1.14% of the company's total issued share capital as of the announcement date.

Prior to the offer period, the offeror, Mr. Luo, and their concert parties collectively held 27.559 million shares, accounting for about 68.90% of the company's total issued shares. Following the offer's closure and as of the announcement date, including the valid acceptances under the offer (pending transfer to the offeror), the offeror, Mr. Luo, and their concert parties now hold an aggregate interest in 28.016 million shares, representing 70.04% of the company's total issued share capital.