SC Holdings' Subsidiary Plans to Sell Industrial Land in Dongguan

Deep News

2025/12/26

SC HOLDINGS (00413) announced that on December 24, 2025, the seller, Changrong Toys (Dongguan) Co., Ltd. (an indirect wholly-owned subsidiary of the Company), entered into a sale and purchase agreement with the buyer, Dongguan Yanyuan Supply Chain Management Co., Ltd. The seller agreed to sell, and the buyer agreed to purchase, the sale assets for a total consideration of RMB 290 million (equivalent to approximately HK$318.7 million).

The land in question is an industrial plot covering an area of approximately 200 mu, located in the Xieken Management Area and Erkeng area of Xieken Village, Qingxi Town, Dongguan City, Guangdong Province, China. Prior to the sale, the land use right was held by the seller and constituted part of the sale assets.

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