CHINA IN-TECH (00464) plans to acquire Shenzhen property for 45 million yuan.

CHINA IN-TECH (00464) announced that on December 23, 2025, Buyer Innovation Technology Limited (CRT Technology Limited) (a wholly-owned subsidiary of the Company) entered into an agreement with the seller. The seller agreed to sell and the buyer agreed to purchase the property for a price of RMB 45 million (approximately HKD 49.5 million), adjustable according to the adjustment mechanism. The property is located at Units 16A, 16B, 16C, 16D, 16E, 16F, 16G, 16H, 16I, and 16J of China Merchants Tower, Zizhu 7th Road, Zhuzilin, Futian District, Shenzhen, China, with a construction area and usable area of approximately 1327 square meters and 959 square meters respectively, to be used as office space. The property is located in a prime commercial area in Futian District, Shenzhen, China, with long-term investment potential. The property is intended to be used as office space for the Group's Web3.0 business. The board of directors believes that acquiring and owning this property for operating the Web3.0 business will benefit the long-term development of the Group, reduce the risk of future reliance on leased properties, enhance operational efficiency, eliminate long-term rental expenses and fluctuations, and strengthen the Group's asset base.