On November 14, 2025, Five Seasons VI (D) Pty. Ltd., an indirect wholly-owned subsidiary of FULLSHARE (00607), entered into an agreement with Talga Solutions Pty Ltd. The subsidiary agreed to sell, and the buyer agreed to purchase, a parcel of land for a total consideration of AUD 5 million (approximately RMB 23.27 million).

The land in question, designated as Lot 88 (Survey Plan No. SP 201271) and Lot 89 (Survey Plan No. SP 186262), is currently classified as development land. Considering the group's current financial condition, future liquidity needs, and the outlook for Australia's real estate market, the board believes the sale presents an opportunity to realize the land's value at a reasonable price. The proceeds will provide additional working capital, improve the group's financial position, and enhance liquidity.

Since portions A and C of the land remain vacant, and portion B serves only a minor role in a golf course, the sale is not expected to significantly impact the group's tourism business, including the Sheraton project in Port Douglas, Queensland, Australia.

The board, including independent non-executive directors, deems the terms and conditions of the transaction fair, reasonable, and in the best interests of the company and its shareholders.