XINKONG INT CAP (00993) entered into a framework agreement with CITIC FAMC International Holdings.

XINKONG INT CAP (00993) announces that on January 19, 2026, the company entered into a framework agreement with CITIC FAMC International Holdings. According to this agreement, the group agrees to provide (a) securities brokerage, placement, underwriting, and distribution services; (b) corporate financial advisory services; and (c) asset management services to related clients from January 19, 2026, to December 31, 2028. CITIC FAMC International Holdings is a company registered in Hong Kong, specializing in managing distressed assets in Hong Kong, Macau, and cross-border, corporate restructuring and mergers, as well as USD bond risk resolution. The company focuses on cross-border and special asset markets, providing customized financial services for distressed assets throughout their lifecycle. As of the announcement date, CITIC FAMC and Zhixun, a wholly-owned subsidiary of CITIC FAMC, own approximately 84.84% and 15.16% equity in the company, respectively. CITIC FAMC is a publicly listed company on the Hong Kong Stock Exchange (stock code: 2799). The directors anticipate that by engaging with related clients (who have extensive client networks in Hong Kong and China), the group will attract more business opportunities. Therefore, they believe the group can expand its licensed business scope, especially in seeking opportunities in the distressed asset industry. The ongoing collaboration between the group and CITIC FAMC International Holdings and their contacts is expected to bring significant synergies to the group's future business development.