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On August 8, 2024, Yanziwu disclosed a voluntary announcement that it had subscribed for the relevant number of shares offered for sale by PT.ESTA Indonesia (hereinafter referred to as "PT.ESTA") in its initial public offering, which shares can be purchased at the offer price for a total amount of approximately US$2.5 million.

PT.ESTA was listed on the Indonesia Stock Exchange on August 8, becoming the "first stock of Indonesian bird's nest". According to PT.ESTA's public information, its main business includes breeding and farming of swiftlets. PT.ESTA is also one of the first companies in Indonesia to obtain the qualification to export bird's nests. It has rich experience in protecting swiftlet populations, collecting, processing and exporting bird's nests, and provides high-quality bird's nest raw materials to the world.

According to the January 2024 report of the China Institute of Inspection and Quarantine (CAIQ), PT.ESTA is one of the top three companies importing bird's nests in China. Since 2015, PT.ESTA has established a long-term and stable cooperative relationship with Yanziwu by supplying bird's nest raw materials. In terms of raw material procurement, Yanziwu has strict imported raw material grading standards and quality assurance mechanisms to ensure high-quality and traceable bird's nest raw materials. PT.ESTA uses its rich resource network to provide Yanziwu with high-quality bird's nests from Indonesia. These bird's nests are not only of high quality, but also meet international food safety standards, providing Yanziwu with a solid raw material guarantee.

As the world's first bird's nest stock, Yanziwu has been committed to the research and development, production and sales of high-quality bird's nests. It has the world's largest bird's nest factory and ranks first in the total number of patents in the global bird's nest industry. With its excellent product quality, rich product lines and strong brand influence, Yanziwu has long occupied a pivotal position in the global bird's nest market. PT.ESTA, as a leader in the Indonesian bird's nest industry, has rich experience in swiftlet population protection, bird's nest collection, processing and export, and is an important source of high-quality bird's nest raw materials.

This strategic investment has realized the strong combination and resource sharing between Yanziwu and PT.ESTA. Yanziwu and PT.ESTA will give full play to their respective advantages and potentials, jointly promote the innovation and development of the bird's nest industry, jointly explore the infinite possibilities of the bird's nest industry, and strive to bring the best bird's nest products to consumers and contribute to the prosperity and development of the global bird's nest industry.