On December 31, 2025, the sellers (East Advance Holdings Limited, acting as Seller A, and Blackbird Automotive Holding Limited, acting as Seller B, each a wholly-owned subsidiary of the Company) entered into a sale and purchase agreement with the buyer, Entex International Holding Limited. Pursuant to the agreement, the sellers agreed to sell, and the buyer agreed to purchase, the sale shares (representing 95% of the issued share capital of the target company, Blackbird Works Supply Co. Limited) for a consideration of HK$17.1 million.

The sale and purchase agreement was unconditional and completion was finalized on December 31, 2025. Immediately prior to the disposal, the target company was owned 99.999% by Seller A and 0.001% by Seller B. The target company is primarily engaged in providing vehicle towing and logistics services in Hong Kong.

Following the completion of the transaction, the target company is 95% owned by the buyer and 5% owned by Seller A. The Directors are of the view that the disposal is beneficial to the Group as it can simplify the Group's organizational structure and streamline business operations; improve the Group's working capital position; and relieve the Group from the requirement to inject additional cash flow for the target company's future business development.