SINO GOLF HOLD (00361) announced that on October 14, 2025, the buyer (Sino Golf Products Company Limited, an indirect wholly-owned subsidiary of the company) intends to acquire from the seller (Hope Soar Sporting Goods Company Limited) the entire paid-up registered capital of Hio Pro (Vietnam) Sporting Goods Company Limited (the target company), representing the full registered charter capital of VND 61.52 billion, for a consideration of USD 2.5 million.

The target company is a foreign direct investment single shareholder limited company incorporated in Vietnam, primarily engaged in manufacturing golf equipment and related components, operating a golf equipment manufacturing facility in Vietnam.

Given that many of the group's customers are located in the United States, the acquisition of the target company operating a golf equipment manufacturing plant in Vietnam will enable the group to export golf products manufactured in Vietnam (which carry lower export tariffs compared to exports from China) to the United States. This will help reduce the tariff burden faced by the group, maintain the competitiveness of the group's golf business, and improve the group's overall operational efficiency.