GR LIFE STYLE (00108) plans to acquire 100% equity of a digital healthcare service company.

GR LIFE STYLE (00108) announced that on September 15, 2025, the company entered into a non-legally binding letter of intent with a potential seller regarding the possible acquisition of 100% equity interest in a potential target. According to the information provided by the potential target, it is a limited liability company registered in the People's Republic of China, mainly engaged in digital healthcare services. The announcement stated that the Group has two reportable operating segments, including (i) property management segment; and (ii) property development and investment segment. The first segment operates in China, while the second segment operates in China, the United States, and the United Kingdom. While continuing to expand the property management segment and property development and investment segment, the Group has also been exploring potential opportunities to seek business diversification, broaden its sources of income, and ultimately improve shareholder returns. The directors believe that the potential acquisition under the letter of intent aligns with the Group's strategic development plan, and if successful, the potential acquisition could generate synergies with the Group's existing business and expand the Group's sources of income, thus serving the overall interests of the Group and its shareholders.