China City Infrastructure Group Limited (Stock Code: 2349) released a supplemental announcement regarding its acquisition of 60% equity interest in a target company. The vendor is a company incorporated in the PRC engaged in supply chain finance-related software services and commercial factoring. Its ultimate beneficial owner, who holds 30% of the vendor’s shares, is Ms. Zhang Jing.

The unaudited net asset value of the target company stood at HK$0.99 million as of 31 December 2025. The supplemental announcement clarifies that the vendor and its ultimate beneficial owners are independent of China City Infrastructure Group Limited and its connected persons. The conversion price for shares is HK$0.30 per conversion share, subject to adjustments, under a general mandate permitting the issuance of up to 312.83 million new shares.

According to the publication dated 10 February 2026, the transaction details remain consistent with earlier disclosures, and the supplemental information confirms that all parties operate independently in compliance with relevant regulations.