SHENZHEN INVEST (00604) affiliate intends to transfer 70% equity stake in Shenzhen Jinghua Display Electronics.

Shenzhen Invest (00604) announced that on October 30, 2025, its wholly-owned subsidiary, ShenYe Pengji (Group) Co., Ltd. (ShenYe Pengji) has signed an intention letter with Shahe Industrial Co., Ltd. (Shahe Industrial) to transfer 70% equity of Shenzhen Jinghua Display Electronics Co., Ltd. (the target company) held by ShenYe Pengji to Shahe Industrial for cash consideration. The target company is a provider of display solutions, mainly engaged in the research, development, production, and sales of liquid crystal displays, liquid crystal display modules, smart display controllers, and other display devices. The validity period of the intention letter is six months from the date of the letter. The intention letter does not intend to create any binding contract or financial commitment for either party.