HONY MEDIA-NEW(00419): Selling all shares of Heartily Health Limited.

HONY MEDIA-NEW (00419) announcement, as of January 30, 2026, the seller (Meerkat Health Holdings Limited, fully owned by the company) and the buyer Mr. XU Chun Sheng entered into a sales agreement. Accordingly, the seller has agreed to sell and the buyer has agreed to acquire all the issued shares of the target company Heartily Health Limited; and the seller has agreed to transfer to the buyer, and the buyer has agreed to assume shareholder loans, for a total consideration of 1 Hong Kong dollar. Upon completion, the company will sell all its equity interests in the target company, therefore the target company will no longer be a subsidiary of the group. The financial performance, assets, and liabilities of the sold group will no longer be consolidated into the group's consolidated financial statements. The completion has been implemented as of January 30, 2026. The target company is a limited company registered in Hong Kong, mainly engaged in investment holding. Prior to the sale, the target company was fully owned by the seller. The target company, together with its subsidiaries (i.e. the sold group), is mainly engaged in the operation of a medical e-commerce internet platform and smart healthcare and medical services business. The business of the sold group is classified as one of the operating divisions of the group, namely the "smart healthcare service platform." The sale allows the group to optimize its asset allocation and focus on areas and businesses with stronger growth potential. This also enables the group to reallocate internal resources by eliminating loss-making businesses to support its existing core businesses in entertainment and media; and the development of digital operational services in the medical industry, thereby enhancing the group's overall financial flexibility.