SEVEN ELEMENTS (01660) intends to acquire an asset management company with a proposed consideration not exceeding HK$10 million.

SEVEN ELEMENTS (01660) announced on December 23, 2025, that it intends to acquire 100% of the issued share capital of Legend Arb Advisors Limited from Legend Arb Financial Group Limited. The consideration amount shall not exceed 10 million Hong Kong dollars. The target company is mainly engaged in asset management and securities consulting business, and is licensed by the Hong Kong Securities and Futures Commission to engage in regulated activities under Type 4 (securities advisory), Type 5 (futures contract advisory) and Type 9 (asset management) of the Securities and Futures Ordinance. As of June 30, 2025, the net assets of the asset management company amount to approximately 4.3 million Hong Kong dollars. The board of directors believes that the acquisition of the asset management company provides a low-cost entry point for the group to enter the financial services industry and build a diversified financial platform. In addition, the asset management company currently operates an open-end fund company in Hong Kong with assets under management of approximately 27 million Hong Kong dollars (referred to as the "Fund"), with a history of operation of about 4 years. The Fund also holds a Qualified Foreign Institutional Investor (QFII) license, allowing direct investment in the Chinese mainland market. The company believes that this license will help provide more distinctive product services to potential clients.