ZHONGLIANG HLDG (02772) plans to acquire a 50% equity stake in Lianghui Property in Longgang City.

Zhongliang Holdings (02772) announced that, as the project has completed development and delivery, in order to facilitate the management of the project, on July 3, 2026, the buyer (a wholly-owned indirect subsidiary of the Company) and the seller entered into a project cooperation termination agreement to terminate their cooperation relationship related to the project. According to the project cooperation termination agreement, the buyer agreed to acquire and the seller agreed to sell 50% equity interest in the project company Longgang City Lianghui Real Estate for RMB 8.77 million, to be paid by the project company on behalf of the buyer to the seller. After the completion of the transaction, the project company will become an indirect wholly-owned subsidiary of the Company. It is reported that the seller is wholly owned by Rongan Property Co., Ltd. (Rongan Property, 000517). Considering that the project company has completed the development and delivery of the project, the Group intends to terminate the cooperation relationship to enhance the flexibility of management of the project company. After the completion of the transaction, the Company will acquire full control of the project, ensuring the Group's autonomy in managing the project and enabling more efficient and timely strategic decision-making.