SUNWAH KINGSWAY (00188) announced that during the period from October 17, 2024 to October 10, 2025, the company conducted a series of on-exchange transactions through its wholly-owned subsidiary on the Stock Exchange to sell a total of 100,000 Alibaba shares (representing approximately 0.0005% of the total number of issued Alibaba shares as at the date of this announcement). The daily average price per Alibaba share ranged between HK$77.5 and HK$176, with total consideration of approximately HK$10.849 million (excluding transaction costs).