Blue River Holdings Limited (Stock Code: 498) has accepted a share offer for the disposal of 11,641,500 H shares in Shengjing Bank Co., Ltd. (Stock Code: 2066) at HK$1.60 per share. The total consideration of approximately HK$18.63 million (excluding transaction costs) will be settled no later than seven business days following the unconditional date of the offer and completion of a duly completed acceptance, which is expected on or around 31 October 2025.

Immediately after the transfer, Blue River Holdings Limited will cease to hold any interest in Shengjing Bank Co., Ltd. The disposal is classified as a discloseable transaction under Chapter 14 of the Listing Rules, as certain applicable percentage ratios exceed 5% but remain below 25%. According to the announcement, the arrangement results in an estimated gain of around HK$6.99 million in other comprehensive income based on the carrying value of the shares as at 31 March 2025. The net proceeds are intended to be used as general working capital.