NEW HOPE SERV (03658) has announced that on April 16, 2026, the buyer, New Hope Property Services Group, conditionally agreed to acquire, and the seller, Chengdu Mingsheng Commercial Services Business, conditionally agreed to further sell, a 45.5% equity interest in the target company, Chengdu Mingyu Global Commerce, for a total consideration of RMB 74.8478 million. As of the date of this announcement, the target company is a non-wholly-owned subsidiary of the Company, held 51% by the buyer and Chengdu Xingfan, and 49% by the seller and Mistopiz. Upon completion of the acquisition, the Company will hold a 96.5% stake in the target company through the buyer and Chengdu Xingfan. The target company is primarily engaged in property management services in Sichuan Province, China, and holds a solid market position in Chengdu and the surrounding areas. The Board of Directors believes the acquisition aligns with the Company's strategic development objectives and will bring the following benefits to the Group: Following the acquisition, the Company's shareholding in the target company will increase from 51% to 96.5%. This move is expected to optimize the governance structure, enhance decision-making efficiency, and better align the target company's operations with the Group's long-term development strategy. Concurrently, the proportion of the target company's operating results attributable to the Company's shareholders will increase significantly, which is conducive to strengthening earnings per share and overall shareholder returns. The transaction also properly addresses historical inter-company balances between the seller and its affiliates and the target company, reaching a settlement through debt offset. This safeguards the rights and interests of all parties involved and effectively optimizes the asset quality of the target company, laying a solid foundation for its future stable development. The target company holds high-quality property management projects in Sichuan Province. Increasing the shareholding ratio will further strengthen the Group's market presence in the region, aligning with the strategy to deepen its focus on regional markets. After the acquisition is completed, the Group will leverage its professional and standardized service advantages to synergistically integrate the target company's managed projects, continuously improving service quality and operational efficiency, thereby injecting new momentum into the Group's sustainable development.