Keming Foods(002661.SZ): The subsidiary plans to acquire 100% equity of Qingdao Yashijia

Gelonghui March 27 | Keming Foods (002661.SZ) announced that, in order to further improve its tiered product matrix to meet diverse market demands, effectively fill the gaps in the frozen food segment, and strengthen its differentiated competitiveness, it will accelerate the integration of resources and capacity optimization, thereby continuously enhancing the company’s overall competitiveness. On March 27, 2026, its controlling subsidiary, Yanjin Keming Wugudaochang Food Co., Ltd. (referred to as “Wugudaochang”), entered into an “Equity Transfer Agreement in respect of Qingdao Asika Foods Co., Ltd.” with Taobao Meike Co., Ltd. (referred to as “Taobao Meike”) and Asia Foods (Hong Kong) Co., Ltd. (referred to as “Asia Foods”). Under the agreement, it will acquire 100% of the equity interest in Qingdao Asika Foods Co., Ltd. (referred to as “Qingdao Asika” or the “Target Company”) for RMB 144.8905 million in cash. After this transaction is completed, Qingdao Asika will become the company’s controlling indirect subsidiary. The Target Company’s principal business is the production and sales of frozen noodles, potato products, and other prepared foods. Its core products include frozen udon noodles, ramen noodles, Italian pasta, and various types of potato cakes, among others.