A joint announcement from SUPERLAND GROUP (00368) and the offeror, Grand Junction Intelligence Co., Limited, reveals that on August 3, 2026, the offeror and STFV (as purchaser) completed the acquisition of 600 million shares in the company, representing 75% of its total issued share capital. The total consideration was HK$225 million, equivalent to HK$0.375 per share.

Immediately following the completion and as of the date of the joint announcement, the offeror, its ultimate beneficial owner, and parties acting in concert collectively hold 600 million shares (including 440 million shares held by the offeror and 160 million shares held by STFV), totaling 75.00% of the company's total issued share capital. In accordance with Rule 26.1 of the Takeovers Code, the offeror is required to make a mandatory unconditional cash offer for all shares in the company's issued share capital. The offer price is HK$0.375 per share, representing a discount of approximately 79.17% compared to the last closing price of HK$1.80 per share on the Stock Exchange before the last trading day. The maximum cash consideration payable by the offeror under the offer is HK$75 million.

Furthermore, the company has applied to the Stock Exchange for the resumption of trading in its shares from 9:00 a.m. on Wednesday, August 5, 2026. As of the date of the joint announcement, the offeror is wholly and directly owned by Grown Long X, which is in turn wholly and directly owned by Mr. Pang Weitao. The sole director of the offeror is Mr. Pang Yatao, the brother of Mr. Pang Weitao.