On 28 October 2025, China Innovation Investment Limited (1217) held an Extraordinary General Meeting (EGM) to vote on a resolution regarding a pre-conditional voluntary cash partial offer to acquire 180 million shares of Elife Holdings Limited (223). The resolution was approved with approximately 99.9738% of the shares voted in favor and 0.0262% against.

According to the announcement, this resolution’s passage clears the remaining requirements needed for the partial offer to proceed. Two pre-conditions were set: obtaining consent from the Executive under Rule 28.1 of the Takeovers Code and receiving approval at China Innovation Investment Limited’s EGM. Both have now been fulfilled.

The company expects to dispatch the formal offer document by or before 4 November 2025. Interested shareholders are advised to review the offer document once issued and note that the partial offer remains subject to additional condition(s) outlined in previous disclosures.