China Innovation Investment Limited (stock code: 1217) has issued an offer document dated 4 November 2025, disclosing a voluntary conditional cash partial offer to acquire up to 180,000,000 shares in Elife Holdings Limited (stock code: 223). Mango Financial Limited is acting on behalf of the offeror to execute the acquisition, with the target being shares not already owned or agreed to be acquired by the offeror and its concert parties.

Under the partial offer, HK$0.056 in cash will be offered for each share formally tendered and ultimately taken up. If total acceptances exceed 180,000,000 shares, scaling down may apply according to the procedures described in the offer document. The number of shares to be taken up from each accepting shareholder will then be adjusted accordingly, rounded to the nearest whole share at the discretion of the offeror.

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited, and Hong Kong Securities Clearing Company Limited have disclaimed responsibility for the contents of the announcement. Shareholders must follow detailed instructions in the offer document and are advised to submit the necessary acceptance form and valid share certificates to the designated receiving agent by 4:00 p.m. on the final closing date or any extension permitted under the relevant rules.