AEON STORES (00984) announced that on April 13, 2026, following trading hours, its board of directors resolved to participate in a public tender offer to acquire a combined 35% equity interest in AEON GD from Tianhecheng Department Store. The total consideration for the transaction will not exceed approximately RMB 170 million. Upon completion of the proposed acquisition, the company will hold 100% of the equity in AEON GD. AEON GD is primarily engaged in the operation of retail stores in China. The company views this as a favorable opportunity to further increase its stake in AEON GD. It believes that obtaining full ownership will enable more effective integration and streamlining of the operations of AEON GD’s controlled stores along with its other retail outlets in China, thereby achieving greater economies of scale.