HUA YIN INTL H (00989) is planning to sell all the shares of HUA YIN INTL H (Dunhua) Limited for 1 yuan.

HUA YIN INTL H (00989) announced on September 18, 2025 that its indirect wholly-owned subsidiary, Jilin Rongyu Investment Co., Ltd., intends to sell all the equity of HUA YIN INTL H (Dunhua) Co., Ltd. to Changchun Nabaili Trading Co., Ltd. for a consideration of RMB 1.0. It is reported that the target company holds 60% equity of Huayin Zixia, with its main asset being land development expenses for a potential real estate project in Dunhua City, China; and 100% equity of Huayin Zixiangmen, which currently has no business activities. The announcement stated that the Group has two property projects in preparation in Dunhua City, Jilin Province, China: a residential project and a comprehensive cultural tourism project. According to a recent reassessment by the management, both projects are not profitable and require capital and development expenses that are not in line with the Group's financial condition. Therefore, the Board of Directors believes that the sale is more suitable and beneficial for the overall Group.