Shanghai Xiaonanguo announced that the company entered into a sales agreement with the buyer and agreed to sell all of the target company's shares at a total price of 100,000 US dollars. The target company is mainly engaged in catering operations and takeout business for Shanghai Xiaonanguo brand restaurants. According to the target company's unaudited financial statements for the six months ended June 30, 2025, the target group's revenue was $87,152 thousand and the net loss was $13,442 thousand.

Shanghai Xiaonanguo announced that the company entered into a sales agreement with the buyer and agreed to sell all of the target company's shares at a total price of 100,000 US dollars. The target company is mainly engaged in catering operations and takeout business for Shanghai Xiaonanguo brand restaurants. According to the target company's unaudited financial statements for the six months ended June 30, 2025, the target group's revenue was $87,152 thousand and the net loss was $13,442 thousand.