[ET Net News Agency, 4 November 2019] Haidilao International Holding Ltd. (06862) said
it has agreed to acquire 100% equity interest in Shanghai Kiwa Internet Technology Co.,
Ltd. (the target company) at nil consideration. The acquisition has been completed on the
same date. The seller is Liang Yangbing, who is a director or chief executive of 16
subsidiaries of the company,
The target company is mainly engaged in the operation of Haidilao app, which is a social
media platform for Haidilao's members. (RC)