National United Resources Holdings Limited (stock code: 254), through its indirect wholly-owned subsidiary Shenzhen Shiji Chuanglian Resources Technology Service Co., Ltd. (Shiji Chuanglian), signed a non-legally binding Memorandum of Understanding (MOU) on 27 October 2025 with Mr. Han. According to the MOU, the Company intends to acquire up to 25% equity interest in Shenzhen Wanmei Block Cultural Tourism Co., Ltd. (the Target Company), for a maximum consideration of HK$42 million. The consideration will be funded through the Group’s internal resources.

The MOU provides a 90-day exclusivity period, during which Mr. Han will not negotiate with or sell shares to other parties for the proposed equity interest. Shiji Chuanglian is entitled to conduct a due diligence review on the Target Company, and Mr. Han will procure the Target Company to assist in this process. Except for confidentiality and due diligence provisions, the MOU is not legally binding.

The Target Company operates themed blocks and parks in the culture, sports, tourism, leisure, and entertainment sectors. It manages a multi-storey amusement complex in Futian District, Shenzhen, spanning around 7,300 square metres, including an indoor ice-skating rink, bowling alley, sports and entertainment facilities, electronic gaming installations, and various cultural and recreational amenities.

According to the board of directors of National United Resources Holdings Limited, this potential acquisition may enhance the Group’s business scope and risk-bearing capacity, aligning with its future development strategy. The transaction may or may not proceed, and the Company will issue further announcements should there be any material developments.