Tiancai Holdings (03882) plans to acquire 99.45% of its subsidiary in Vietnam to strengthen production capacity in response to US tariffs.

Tsitong Financial APP News, Tiancai Holdings (03882) announced that on July 7, 2025, the company's indirectly non-wholly owned subsidiary SL Vietnam entered into a capital injection agreement with JSC. According to this agreement, SL Vietnam agreed to subscribe for shares and JSC agreed to issue and issue new shares, accounting for (i) 26.89% of the total issued share capital of JSC as of the date of this announcement; and (ii) 21.19% of the total issued share capital of JSC after the capital injection is completed. The total subscription price is $1 million, to be used as general operating funds for JSC.