Chinese party culture (01532) intends to sell all shares of High Kelee Investment Holdings Limited for 20.5 million yuan.

IGG, a leading financial app, reports that China Party Culture (01532) announced on November 19, 2025 (after trading hours) that the company has entered into a sales agreement with the buyer, Fuzhou Baihui Technology Co., Ltd., under which the company agrees to sell and the buyer agrees to purchase the pending equity (i.e. all the equity of the target company High Kelee Investment Holdings Limited) for a total price of 20.5 million RMB. Upon completion, the target group (target company and Zhejiang Keli) will no longer be subsidiary of the company, and the financial performance of the target group will no longer be consolidated into the comprehensive financial statements to be issued by the Group.