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Zhuiyue Hongzhi, ultimately owned by Dreame founder Yu Hao, agreed to buy a 29.9% stake from China Food Packaging for CNY 1.243 billion and launched a partial tender offer for about 25% more at CNY 4.45 per share, potentially giving it up to 54.9% of metal can maker Jiamei Packaging.
Suzhou Zhuyue Hongzhi Technology Partnership, controlled by Dreame founder Yu Hao, agreed to buy a 29.9% stake in listed metal packaging maker Jiamei Packaging from China Food Packaging via share transfer and a partial tender offer, for about 2.282 billion yuan in total. The announcement was made on December 16, 2025.