BEKE-W(02423): Termination of the proposed acquisition of Smart Space equity transaction.

BEKE-W (02423) issued an announcement that, as part of the proposed acquisition of 98.0805% equity stake in Space Wisdom, the proposed related acquisition transactions have been terminated on December 23, 2024. After careful consideration of various factors such as uncertainty of meeting the closing conditions, the company, through Beike Meijia, has terminated the equity acquisition agreement with Space Wisdom and its existing shareholders (excluding Beike Meijia itself) in accordance with the relevant equity acquisition agreement. Therefore, the proposed acquisition will not proceed and has been terminated. As of the date of this announcement, the company has not paid or owed any consideration for the proposed acquisition.