Yuexiu Property (00123) plans to sell assets and business through the transfer of the target company.

Zhixun Financial News APP, Yuexiu Real Estate (00123) announced that on May 1, 2026, various relevant sellers (Guangzhou Junjing, Guangzhou Qingyue, Jiayue Global, and Guangzhou City Construction) and various relevant buyers (Guangzhou Paper Group, Guangzhou Yuexiu Intelligent Manufacturing, Guangzhou Yuexiu Industrial Investment, and Guangzhou Yuexiu Health) reached relevant transfer agreements. Accordingly, the relevant sellers conditionally agreed to sell, and the relevant buyers conditionally agreed to acquire the equity of the target company. Each transfer agreement is conditional upon the other, and should be subject to approval by independent shareholders at a special general meeting of shareholders, including resolutions approving all transactions proposed under the transfer agreements, before they become effective.