DirectBooking Technology Co., Ltd. terminated a Securities Purchase Agreement to acquire 49% of China Wangmao Liquor Industry Group Co., Limited after failing to receive shares despite paying approximately US$12.7 million in December 2025. The termination was agreed upon due to commercial considerations and unforeseen events, with the Company delivering notice on August 11, 2026. China Wangmao will compensate DirectBooking by paying interest at an annual rate of 5.25% on the purchase price for the period it held the funds. This company operates in the technology sector, providing booking and travel-related software solutions.

On July 21, 2026, DirectBooking Technology entered into a strategic joint venture agreement with Beijing DeepYou Digital Technology Co., Ltd. to create an AI-powered travel and hospitality direct-booking platform. DirectBooking will hold a 51% equity interest, while DeepYou holds 49%. The new company will be chaired by Li Daxue, former Senior Vice President of JD.com. The venture aims to deploy AI Agent technology to connect supply and demand directly, targeting a goal of covering 30,000 to 50,000 hotels within three years. The company operates in the construction transportation industry in Hong Kong, providing soil and rock transportation and excavation services.