Tiancai Holdings (03882) plans to acquire certain assets to establish an instant delivery system service for the Group's supermarkets

According to Zhitong Finance App, Tiancai Holdings (03882) issued an announcement. On July 21, 2025, the buyer (an indirect wholly-owned subsidiary of the Company) and the seller Beijing Huisentong Technology signed the agreement to acquire such assets for the establishment of the Group's supermarket instant delivery system service at a cost of RMB 20 million (equivalent to approximately HK$22 million (tax included)).

According to reports, the assets to be acquired include 3,200 electric distribution vehicles; 4,000 sets of new energy batteries; and 160 sets of new energy charging equipment.

The board of directors believes that providing instant delivery system services to supermarkets is still a blue ocean market, especially the rapid expansion of the domestic fresh food e-commerce market, and believes that this new business segment of the Group has huge commercial potential. By entering the new business field of supermarket instant delivery system services, the Group will be able to broaden and diversify the Group's business and increase the Group's revenue streams.