According to the Zhitong Finance App, Super Hyundai (00682) announced that on September 14, 2026, Hong Kong Super Fruit & Vegetable Co., Ltd., a wholly-owned subsidiary of the company, plans to acquire a total of 34% of Hong Kong Super Vegetable and Fruit Wholesale Distribution Co., Ltd. from Mr. Wu Huihong, Mr. Huang Shaochuang, and Mr. Lu Benli, at a total cost of HK$5.19 million.

As of the date of this announcement, the company indirectly owned 60% of the total issued shares of the target company through the buyer. After all acquisitions are completed, the company will indirectly own 94% of the total issued shares of the target company.

The directors believe that the acquisition will (i) simplify the target company's shareholding structure and reduce the administrative and operating restrictions imposed by the existing minority shareholding; (ii) enhance the Group's control over the target company and its management and capital flexibility; and (iii) enable the Group to retain a larger portion of the profits and cash flows generated by the target company (as a major revenue contributor to the Group).

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