C&D PROPERTY (02156) subsidiary plans to acquire 25% equity of Xiamen Zhaohui for RMB 14.8918 million.

C&D PROPERTY (02156) announced on January 27, 2026, that its indirectly wholly-owned subsidiary, Lichi (Hong Kong) Limited (Lichi Hong Kong), has entered into a share transfer agreement with Xiamen Yiyue Real Estate Co., Ltd. (Yiyue), whereby Yiyue has agreed to sell and Lichi Hong Kong has agreed to purchase 25% equity interest in Xiamen Zhaohui Network Technology Co., Ltd. (Xiamen Zhaohui). The consideration for the share transfer agreement is RMB 14.8918 million. As of the date of this announcement, Xiamen Zhaohui is a non-wholly owned subsidiary of the company, with Xiamen Yirui Investment Management Co., Ltd. (Xiamen Yirui, an indirectly wholly-owned subsidiary of Lichi Hong Kong) and Yiyue holding 75% and 25% of the equity interests, respectively. Upon completion of the acquisition, the company will indirectly hold all equity interests in Xiamen Zhaohui, making it a wholly-owned subsidiary of the company. Xiamen Zhaohui is a technology service company focused on smart community services, providing services related to smart design, smart engineering, smart community, and smart homes. In recent years, the group has been expanding the scope and scale of its smart community service business. Considering that Xiamen Zhaohui's main business is an important part of the group's community value-added and collaborative services, the acquisition will make it an indirectly wholly-owned subsidiary of the group, beneficial for enhancing the group's operational decision-making efficiency, reducing management costs, optimizing Xiamen Zhaohui's resource allocation, and promoting the long-term development of Xiamen Zhaohui and the group's business. Xiamen Zhaohui's business and management will remain consistent and stable.