SKYMISSION GP (01429) and the offeror, Da Cheng International Holdings Limited, jointly announced that on January 16, 2026, the offeror acquired 1.2 billion shares of the company from SKYMISSION Holdings Limited, representing 75% of the company's total issued share capital as of the date of this joint announcement, for a total consideration of HK$114 million, equivalent to HK$0.095 per share to be sold. Pursuant to Rule 26.1 of the Takeovers Code, upon completion of the acquisition, the offeror is required to make a mandatory general offer. The cash offer price is HK$0.095 per share, representing a discount of approximately 48.4% compared to the closing price of HK$0.184 per share on the Stock Exchange on the last trading day. The maximum cash consideration payable by the offeror under the offer is HK$38 million. Furthermore, the company has applied to the Stock Exchange for the resumption of trading of its shares, effective 9:00 a.m. on Monday, January 26, 2026. As of the date of this joint announcement, the offeror is 100% beneficially owned by Mr. Zou Feng, who also serves as the sole director of the offeror.