Xiabuxiabu says Tea Mi Tea HK waives 5% fee under cooperation agreement from July 1, 2026

• Xiabuxiabu revised pricing terms in its cooperation agreement with Tea Mi Tea (HK) via a supplemental agreement dated Aug. 13, 2026.
• Tea Mi Tea (HK) waived the 5% revenue-sharing fee tied to operational support and trademark use, effective retroactively from July 1, 2026.
• Support services and trademark rights will be provided at nil consideration for the remainder of the agreement’s term, cutting operating costs.
• Chairman Ho Kuang-Chi owns 100% of Tea Mi Tea (HK), positioning the arrangement as a connected transaction under Hong Kong listing rules.
• Nil consideration makes the continuing connected transaction de minimis, exempting it from reporting, annual review, and shareholder approval requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xiabuxiabu Catering Management (China) Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260813-12283431), on August 13, 2026, and is solely responsible for the information contained therein.