YUES INTL HLDG (01529) intends to sell approximately 30% equity interest in Jiansheng Logistics for 30 million yuan.

YUES INTL HLDG (01529) announced that on December 2nd, 2025, the company (as the seller) intends to sell approximately 30% of the issued share capital of the target company (Jiansheng Logistics Investment Limited) to the buyer (Mr. Zeng Xianyong) for RMB 30 million. The target company is mainly engaged in investment holding. The Group has been actively seeking opportunities to enhance the shareholder base of the target group and improve its long-term development prospects. The target group has been experiencing losses in recent years, and the directors believe that introducing a new investor can bring additional market resources, business networks, and strategic support, which will help improve the future performance of the target group. The sale will also allow the Group to realize some of its investments in the target company while maintaining control over the target group after completion. Therefore, the Group will continue to guide and supervise the overall business development of the target group. In addition, the sale price gives the Group the opportunity to receive cash inflows corresponding to the sold equity when the buyer pays the price. These funds, upon receipt, will be used to strengthen the Group's future liquidity position and provide additional flexibility for its general operating and business needs.