Lippo China Resources Limited (00156) subsidiary to acquire commercial food manufacturing equipment.

LIPPO CR (00156) announced on December 18, 2025, that a wholly-owned subsidiary of Auric Pacific Group Limited (an indirect non-wholly owned subsidiary of the Company) (the Purchaser) has entered into an equipment purchase agreement (the Agreement) with a commercial food manufacturing equipment manufacturer (the Seller), whereby the Seller agrees to sell and the Purchaser agrees to purchase a series of commercial food manufacturing equipment as specified in the Agreement. The total contract price will be paid by the Purchaser through its internal resources and external financing obtained by the Purchaser. The delivery of the equipment is expected to be in the third quarter of 2026. The Purchaser is mainly engaged in the production and distribution of bread, cakes, and other baked goods in Malaysia and Singapore. Considering that the equipment will be used for the daily food processing and production of the Group, it is expected to enhance the Group's production capacity and efficiency, allowing the Group to expand its business. The acquisition of the equipment is expected to have a positive impact on the Group's performance. Therefore, the directors believe that the acquisition of the equipment will add value to the Group's existing business and be beneficial to the Company and its shareholders.