JBB Builders Details Convenience Store Acquisition and Franchise Growth Strategy in Sichuan

An update from JBB Builders International Ltd. ( (HK:1903) ) is now available.

JBB Builders International Ltd. has provided additional details on its previously announced acquisition of 100% equity interest in a Chengdu-based convenience store operator, formerly known as Chengdu Shanhai Lantu Supermarket Management Co., Ltd., which runs “OurHours” branded outlets in Sichuan province. The target firm, acquired by the vendor in 2020, has built experience in convenience store franchising since 2019 and leverages an established supplier network and offline store base to support further regional growth.

The target company operates under a “Brand + Operation + Supply Chain” model that combines self-operated stores, franchise outlets and wholesale supply chain services, with self-operated shops serving as model and test units for new products. Under the franchise model, most profits are retained by franchisees while the target earns franchise and management fees plus supply chain margins, a structure designed to lower entry barriers, standardise store quality and support dense expansion of convenience stores across Sichuan, potentially enhancing JBB’s exposure to China’s consumer retail market.

More about JBB Builders International Ltd.

JBB Builders International Ltd. is a Cayman Islands-incorporated company listed in Hong Kong that operates through subsidiaries as a diversified group. Through its recent activities, the Group is expanding beyond its core construction and engineering roots into consumer-facing retail operations, particularly convenience store franchising in mainland China, reflecting a broader strategic shift.

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Technical Sentiment Signal: Buy

Current Market Cap: HK$1.15B

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