• WANG ON GROUP (Wang On) has agreed to sell its entire interest in Guanzun (Shenzhen) Trade Development Co., Ltd.—holder of an 11,027 sq m land parcel with 19,475 sq m of factory and dormitory space in Pingshan District, Shenzhen—for RMB 99.80 million (HK$115.44 million).

• Vendor/Purchaser: The shares will be sold by New Grade Ltd., an indirect wholly-owned unit of Wai Yuen Tong Medicine Holdings (WYT), to Shenzhen Hongxin Industrial Development. WYT—72.71 percent owned by Wang On—will provide a guarantee of up to RMB 100.00 million (HK$115.68 million) for the vendor’s obligations.

• Payment structure: – Deposit of RMB 10.00 million to be paid into a notary-controlled account within five business days of signing (16 July 2026). – Balance of RMB 89.80 million payable within ten business days after shareholder approvals, or no later than three months from signing. – RMB 3.00 million will be retained for two years post-completion as warranty hold-back.

• Valuation and financial impact: Independent valuer PSA (HK) Surveyors valued the property at RMB 99.30 million (HK$114.87 million) as of 30 June 2026. Wang On anticipates an after-expense gain of approximately HK$46.49 million, translating into a similar increase in both total and net assets, with no material change in liabilities.

• Use of proceeds: Net proceeds of about HK$100.10 million will be allocated 20 percent to support WYT’s retail and TCM service operations, 40 percent to expand its e-commerce platform, and 40 percent to marketing and advertising.

• Next steps: Completion is conditional on fulfilling pre-completion obligations and securing shareholder approvals from both Wang On and WYT. A special general meeting will be held on 11 September 2026 in Hong Kong to vote on the transaction.