MIN FU INTL (08511) announced that on September 15, 2025, the company entered into a non-binding memorandum of understanding with Dong'an Xiaqi Agricultural Technology Development Co., Ltd. (the vendor) and Hunan Shuosheng Biotechnology Co., Ltd. (the lessor). Under the agreement, the company intends to nominate one of its wholly-owned subsidiaries as a potential purchaser to undertake the following: (i) the possible acquisition of agricultural food production facilities and related assets from the vendor; and (ii) the leasing of agricultural food production plant facilities from the lessor, located on the east side of Lengdong Road, Xiaqi Village, Jingtouwei Town, with a total building area of approximately 39,223.3 square meters.

The board of directors believes that entering into the memorandum of understanding represents an important step for the group to hold valuable assets for operating agricultural food technology and sales business. Therefore, entering into the memorandum of understanding is in the overall interests of the company and its shareholders.