On October 31, 2025, the buyer (Hangzhou Sundy Property Management Co., Ltd., an indirect wholly-owned subsidiary of SUNDY SERVICE (09608)) entered into an agreement to acquire 50 underground parking spaces from the seller (Hangzhou Sundy Real Estate Group Co., Ltd.) for a total consideration of RMB10.5867 million.

The parking spaces are located on the second underground level of Sundy Mansion at No. 789 Fuchun Road, Hangzhou, China. The acquisition is primarily intended as a capital preservation and investment measure. These assets are high-quality operational properties with core advantages such as low operating costs, high revenue potential, and stable cash flow, which will contribute to the company's sustained earnings.

Strategically situated in a prime location surrounded by financial institutions, luxury hotels, and Grade-A office buildings, the parking spaces benefit from strong demand for business and daily parking in the area, ensuring stable operational performance. Additionally, as dedicated parking facilities for an independent office building, the spaces experience consistently high demand from daily commuters and visitors, maintaining high occupancy rates year-round.

By acquiring and professionally managing these parking spaces (including but not limited to leasing), SUNDY SERVICE aims to establish a stable additional revenue stream, optimize its income structure, enhance overall profitability and risk resilience, and create greater value for shareholders.