China Jinmao Holdings Group Limited has provided a supplemental update regarding its disposal of 100% equity interest in Sanya Tourism. The company expects to record a pre-tax gain of approximately RMB1,573.31 million from the transaction, based on a final total transfer consideration of RMB2,264.6 million and the audited net asset value of Sanya Tourism as of 31 March 2025. Net proceeds from the sale, estimated to be around RMB2,259.73 million after deducting relevant expenses, are intended for future investments, including potential land purchases, development projects, mergers and acquisitions of high-quality assets, and general working capital. The company currently has no specific plans for material investments and notes that the future allocation of the proceeds remains uncertain.

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