GOGOX Holdings Ltd. has announced an update regarding its acquisition of 100% equity interests in a target company, involving the issuance of consideration shares under a general mandate. The acquisition is part of GOGOX's strategy to enhance its logistics platform through AI-driven operational leverage. The target company, established in 2014 and based in Hong Kong, specializes in AI-driven customer service automation tools. The consideration for the transaction is HK$11,922,600, determined after considering the P/S and P/E ratios of comparable companies. The issue price for the consideration shares is set at HK$3.846, representing a 1.38% discount from the average closing price over the five trading days before the agreement. This update clarifies the financial terms and strategic rationale supporting the acquisition.