According to Zhitong Finance App News, Prudential Group Holdings (02486) announced that on October 8, 2026, Prussian Shanghai, a wholly-owned subsidiary of the company, signed such share transfer agreements with Ms. Wu Yunqiu. According to this, Prussian Shanghai conditionally agreed to the acquisition, while Ms. Wu Yunqiu conditionally agreed to sell 40.0% of Shanghai Subide's shares and 40.0% of Shanghai Speedway's shares. The cash costs were RMB 21.64 million and RMB 19.24 million respectively.
As of the date of this announcement, Prussian Shanghai held 60.0% of the shares in Shanghai Speedway and 60.0% of Shanghai Suditon's shares. Following the completion of these acquisitions, Shanghai Subide and Shanghai Suditong will each be wholly owned by Prussian Shanghai. As a result, Shanghai Subide and Shanghai Suditong will each become wholly-owned subsidiaries of the company, and their financial results will continue to be consolidated into the Group's comprehensive financial statements.
Both Shanghai Subide and Shanghai Suditong are non-wholly-owned subsidiaries of the company, and are mainly engaged in the Group's O2O marketing business, with a particular focus on omni-channel operation and management of the instant retail business. The company is committed to becoming an AI native enterprise in sales and marketing. In the industry, the company is one of the first companies to serve a wider range of sales and marketing markets through a “dedicated sales and marketing model+enterprise-level intelligent agent” combination solution. With this breakthrough, the Group has quickly connected offline, O2O and online scenarios into an integrated network through its subsidiaries to establish comprehensive sales capabilities covering online and offline channels. O2O's instant retail marketing business is an important part of the implementation of the Group's overall strategy. The business is integrated with mainstream instant retail platforms to connect offline terminal contacts to online platforms and private domains. It is also one of the main carriers for the Group's sales data cycle and AI sales capacity expansion. These acquisitions will further enhance the Group's autonomy and collaborative efficiency at the level of data, decision-making and strategy, and create more favorable conditions for the implementation of the Group's overall strategy.
Furthermore, the acquisition of the remaining 40.0% of Shanghai Sobi's shares and the remaining 40.0% of Shanghai Suditong's shares will enable the Group to consolidate its ownership and control over Shanghai Suditong, thereby promoting more effective integration of data, technology and commercial resources into the Group's overall AI ecosystem. Full ownership will also help the Group further enhance data security and compliance, improve data collection and conversion efficiency, accelerate independent decision-making and execution, and enhance the strategic synergy between the Group's data, algorithms and AI models. This move will help the Group to better capture the long-term strategy and commercial value of Shanghai Super Match and Shanghai Suditong, and support the sustainable development and long-term benefits of the Group's AI ecosystem.