XJ INTL HLDGS(01765) intends to sell its equity in the subsidiary White Silver Mingde Education.

XJ INTL HLDGS (01765) announced that on February 13, 2025 (after trading hours), the seller Sichuan Hope Education Industry Group and the buyer Lanzhou Hengwen Middle School New Campus Limited Liability Company have entered into a share transfer agreement. The seller has conditionally agreed to transfer 100% equity of the target company Baiyin Mande Education (target equity) and its subsidiaries at a transfer price of RMB 109.89 million, and to take over the shareholder loan owed by the target entity to the seller in the amount of RMB 200 million, subject to adjustments according to the terms and conditions of the share transfer agreement. The sale will help the company raise funds, access financial resources, effectively resolve debt, and create conditions for sustainable development.