CHINA WANTIAN (01854) subsidiary acquires land use rights in Zhongshan East District for RMB 23.255 million.

CHINA WANTIAN (01854) announced that Wantian Technology, an indirect wholly-owned subsidiary of the Company, successfully won the bid for the land use rights of the land. The land is located in Zhongshan East District, Guangdong Province, China, and was offered for sale by the Resources Bureau through public tender at a consideration of RMB 23.255 million. On September 20, 2026, Wantian Technology (as transferee) and the Resources Bureau (as transferor) entered into a land grant contract in respect of the land acquisition. The land acquisition aligns with the Group's strategy of expanding its technology-related businesses and digital infrastructure layout in the Guangdong-Hong Kong-Macao Greater Bay Area. The Zhongshan East District, where the land is located, has well-established transportation links and commercial supporting facilities. The Company intends to develop the land into a technology-oriented commercial project, which may include commercial applications related to artificial intelligence, digital technology and innovation, subject to market conditions and future development plans. The Board believes that the land acquisition will bring strategic development opportunities in the emerging technology industry to the Group, enhance the Group's asset portfolio and advance its long-term growth potential in the Greater Bay Area.