CN INT DEV CORP (00264) has entered into a memorandum of supplementary agreement with Xu Xichang to extend the exclusivity period by 3 months.

CN INT DEV CORP (00264) announced that on November 21, 2025, the company entered into a non-legally binding memorandum of understanding with Xu Xichang (the seller). On February 5, 2026, the company and the seller entered into a memorandum of understanding supplementary agreement, which extended the exclusivity period by 3 months, totaling 6 months from the date of the memorandum. The company has engaged a professional team, including financial advisors, Chinese lawyers, and Hong Kong lawyers, to conduct due diligence on the target group's business, operations, assets, financials, and legal matters.