On January 6, Gelonghui reported that Pan Yuan International (02516.HK) announced that on January 3, 2025, the buyer (Ingrun Holdings Limited, an indirect wholly-owned subsidiary of the company) signed a membership interest purchase agreement with the target company (Advanced Logistics Solutions LLC, a limited company registered in the state of Utah, USA) and the sellers (collectively referred to as Hi5s and Hard 8). According to this agreement, the sellers agreed to sell the membership interests for a total of 30% in the target company at a price of 0.6353 million USD (equivalent to approximately 4.9301 million HKD).
The target company is the group's supplier in the USA, operating a container freight station and providing collection, sorting, and warehouse services after packages arrive at US airports. The target company also provides US customs clearance services for the group. The Directors believe that this acquisition will enhance the group's efficiency, certainty, and cost control capabilities in US customs clearance, sorting, and distribution.