Hope Life International Holdings Limited (1683) announced it entered into a Memorandum of Understanding (MOU) with Shenzhen YX Investments Limited on 3 February 2026, aiming to negotiate the conditional acquisition of a 51% stake in Guangdong CBD Holding Corporation Limited. The MOU outlines a possible purchase by Hope Life International Holdings of the target company’s equity and stipulates that a definitive agreement may be reached within three months, or a later mutually agreed date.

The terms of the proposed acquisition remain subject to further negotiations. The vendor has granted an exclusivity period of two months, during which Hope Life International Holdings may conduct due diligence to evaluate the target’s business, organizational structure, finance, and legal standing. Both parties have affirmed that only the provisions on due diligence, exclusivity, costs, confidentiality, and governing law in the MOU are legally binding.

Guangdong CBD Holding Corporation Limited is an emerging enterprise specializing in intelligent self-service car washing, with a presence in 67 cities, including Nanjing, Suzhou, and Hangzhou. According to the announcement, it leverages a data-driven approach and participates in various local initiatives aimed at industrial development and urban public service infrastructure enhancement.

Hope Life International Holdings, engaged in construction and ancillary services, financial services, and consumer goods, anticipates that the transaction—if finalized—would be in line with its investment strategy and expand its revenue base. The company noted that the deal, if materialized, may constitute a notifiable transaction under the Listing Rules and will disclose further details as negotiations advance.