此乃要件 請即處理 閣下如對本通函任何內容或應辦理的手續有任何疑問，應諮詢 閣下的股票經紀 或其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓 閣下名下所有朝雲集團有限公司的股份，應立即將本通函 連同隨附的代表委任表格送交買主或承讓人，或送交經手買賣或轉讓的銀行、股 票經紀或其他代理商，以便轉交買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任 何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Cheerwin Group Limited 朝雲集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6601） 有關收購目標公司 全部股權之主要交易 本 封 面 頁 所 用 詞 彙 與 本 通 函「釋 義」一 節 所 界 定 者 具 有 相 同 涵 義。董 事 會 函 件 載 於本通函第5至21頁。 本公司已取得朝雲環球（於最後可行日期持有已發行股份的74.25%）的書面股東批 准，以批准協議及其項下擬進行的交易。因此，本公司毋須就批准協議及其項下 擬進 ...

FF301 致：香港交易及結算所有限公司 公司名稱: 朝雲集團有限公司 (於開曼群島註冊成立的有限公司） 呈交日期: 2026年2月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06601 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 250,000,000,000 | USD | 0.0000002 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | USD | | 0 | | 本月底結存 | | 250,000,000,000 | USD | 0.0000002 | USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 第 1 頁 共 10 頁 v 1.2.0 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券 ...

Group 1 - The core announcement is that Chaoyun Group has completed the acquisition of Hebei Kangda Co., Ltd., with the registration of the business change and the acquisition itself finalized on January 23, 2026 [1] - Following the completion, the target company will become an indirect wholly-owned subsidiary of Chaoyun Group, and its financial performance will be consolidated into the group's financial statements [1] - The acquisition agreement was established on December 31, 2025, between Chaoyun Group's wholly-owned subsidiary Guangzhou Chaoyun Holdings Limited, the seller, and the target company, with a maximum potential consideration of RMB 450 million [1]

Core Viewpoint - Chaoyun Group (06601.HK) announced the acquisition of 100% equity in Hebei Kangda Co., Ltd. for a maximum consideration of RMB 450 million, with all conditions of the agreement fulfilled and the transaction completed on January 23, 2026 [1] Group 1 - The acquisition is conducted by Guangzhou Chaoyun Holdings Limited, a wholly-owned subsidiary of the company [1] - Following the completion of the acquisition, the target company will become an indirect wholly-owned subsidiary of Chaoyun Group [1] - The financial performance of the target group will be consolidated into the financial statements of Chaoyun Group [1]

Group 1 - The core point of the article is that Chaoyun Group (06601) has completed the acquisition of Hebei Kangda Co., Ltd., which will become a wholly-owned subsidiary of the company [1] - All conditions outlined in the agreement have been fulfilled, and the business registration changes related to the acquisition were completed on January 23, 2026 [1] - The financial performance of the target group will be consolidated into the financial statements of Chaoyun Group following the completion of the acquisition [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Cheerwin Group Limited 朝雲集團有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：6601） 完 成 有關收購目標公司 全部股權的 主要交易 茲提述朝雲集團有限公司（「本公司」）日期為2025年12月31日有關收購事項的公 告（「該公告」）。除 另 有 說 明 外，本 公 告 所 用 詞 彙 與 該 公 告 所 界 定 者 具 有 相 同 涵 義。 董 事 會 欣 然 宣 佈，協 議 所 載 的 所 有 條 件 均 已 達 成。收 購 事 項 的 工 商 变 更 登 記 及 收購事項本身皆已於2026年1月23日 完 成。於 完 成 後，目 標 公 司 將 成 為 本 公 司 之 間 接 全 資 附 屬 公 司，而 目 標 集 團 的 財 務 業 績 將 會 綜 合 併 入 本 集 團 的 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Cheerwin Group Limited 朝雲集團有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：6601） 有 關 收購目標公司 全部股權 之主要交易 延遲寄發通函 及 執 行 董 事、董 事 長 兼 首 席 執 行 官 茲提述本公司日期為2025年12月31日有關收購事項的公告（「該公告」）。除 本 公 告 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 該 公 告 所 界 定 者 具 有 相 同 涵 義。 誠 如 該 公 告 所 載，一 份 載 有（其 中 包 括）收購事項的進一步詳情的通函（「通 函」）， 預期將於該公告刊發後十五(15)個營業日內（即2026年1月22日 或 之 前）寄發予股 東。 由 於 需 要 額 外 時 間 編 製 及 落 實 載 入 通 函 的 資 料，本 公 ...

Group 1 - The company plans to acquire 100% equity of Hebei Kangda for a maximum of 450 million yuan to enhance its competitiveness in the northern home care market and improve coverage in the domestic terminal market [1] - Hebei Kangda has over 30 years of experience in the northern market, specializing in the research, production, and sales of household insecticides and detergents, which will help the company optimize its industrial layout in the northern region [1] - The acquisition is expected to create synergies between the existing home care business and Hebei Kangda, enhancing revenue and profit growth through brand collaboration and category share [1] Group 2 - The dual-brand strategy of "Chaowei + Qiangshou" will complement each other, promoting product innovation, technology research and development, and supply chain collaboration, thereby improving market competitiveness and operational efficiency [1] - The acquisition will quickly increase market share in household insecticides and home cleaning categories, solidifying the company's leading position in the industry [1] - Hebei Kangda's financial indicators are stable, with projected revenue of 468 million yuan in 2024 (up 6.7% year-on-year) and a net profit of 86 million yuan (up 32.3% year-on-year), which will enhance the company's revenue scale and profitability after the acquisition [1] Group 3 - The company is a leading player in the home care segment, continuously advancing a multi-brand, multi-category, and omnichannel strategy while strengthening its pet business layout [2] - The company is expected to achieve revenues of 1.996 billion yuan, 2.397 billion yuan, and 2.611 billion yuan from 2025 to 2027, with year-on-year growth rates of 9.7%, 20.1%, and 9.0% respectively [2] - The projected net profits for the same period are 223 million yuan, 268 million yuan, and 294 million yuan, with year-on-year growth rates of 9.8%, 20.2%, and 9.4% respectively, maintaining a "buy" rating with a 2026 PE of 11 times [2]

Investment Rating - The report maintains a "Buy" rating for the company [3][6] Core Insights - The company plans to acquire Hebei Kangda for a maximum of 450 million RMB, aiming to enhance its performance and strengthen its presence in the northern home care market [1][2] - The acquisition is expected to create synergies between the existing home care business and Hebei Kangda, which has over 30 years of experience in the northern market [3][9] - The company is projected to achieve revenue of 1.996 billion RMB in 2025, 2.397 billion RMB in 2026, and 2.611 billion RMB in 2027, with year-on-year growth rates of 9.7%, 20.1%, and 9.0% respectively [3][5] - The net profit attributable to the parent company is expected to be 223 million RMB in 2025, 268 million RMB in 2026, and 294 million RMB in 2027, with growth rates of 9.8%, 20.2%, and 9.4% respectively [3][5] Financial Summary - The company’s revenue for 2023 is reported at 1,616 million RMB, with a year-on-year growth of 12.0% [5][10] - The net profit for 2023 is 175 million RMB, showing a significant year-on-year increase of 170.4% [5][10] - The projected earnings per share (EPS) for 2025 is 0.17 RMB, increasing to 0.20 RMB in 2026 and 0.22 RMB in 2027 [5][10] - The current market capitalization is approximately 3.25 billion HKD, with a total share count of 1.33 billion shares [6][10]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook on its stock performance [3][6]. Core Insights - The company plans to acquire Hebei Kangda for a maximum of 450 million RMB, aiming to enhance its market presence in the northern home care market and improve competitiveness [1][2]. - The acquisition is expected to increase revenue and profit, leveraging brand synergy and category share to achieve multi-dimensional collaborative effects [2][3]. - The company is positioned as a leader in the home care segment, with a robust multi-brand and multi-category strategy, focusing on both online growth platforms and offline expansion [3]. Financial Projections - Revenue projections for 2025-2027 are estimated at 1,996 million RMB, 2,397 million RMB, and 2,611 million RMB, reflecting year-on-year growth rates of 9.7%, 20.1%, and 9.0% respectively [3][5]. - Net profit estimates for the same period are 223 million RMB, 268 million RMB, and 294 million RMB, with corresponding growth rates of 9.8%, 20.2%, and 9.4% [3][5]. - The current market capitalization corresponds to a PE ratio of 11 times for 2026 [3]. Strategic Acquisition Details - Hebei Kangda has over 30 years of experience in the northern market, specializing in home insecticides and cleaning products, which will enhance the company's resource integration and operational efficiency post-acquisition [9]. - The acquisition is anticipated to solidify the company's market position in household insecticides and cleaning products, thereby reinforcing its leadership in the industry [9]. - Financially, Hebei Kangda reported a revenue of 468 million RMB in 2024, with a net profit of 86 million RMB, indicating strong financial health that will contribute positively to the acquiring company [9].