Du Du Holdings Limited (stock code: 8250) announced a series of on-market disposals of Best Food Holding Company Limited shares (stock code: 1488). From 25 August 2025 to 16 October 2025, an aggregate of 4,546,000 shares was sold at prices ranging from HK$0.590 to HK$0.751 per share, totaling approximately HK$2,899,000 (exclusive of transaction costs). These transactions accounted for 0.288% of Best Food Holding’s issued shares at the announcement date.

Prior to this, between 9 December 2024 and 22 August 2025, Du Du Holdings’ indirectly wholly-owned subsidiary disposed of 3,188,000 shares on the open market for about HK$2,841,000, resulting in a combined total of 7,734,000 shares sold across both disposal periods at an overall consideration of about HK$5,740,000.

Best Food Holding generated audited revenues of RMB474.21 million in 2024 and RMB610.62 million in 2023, with a loss attributable to equity holders of RMB241.83 million in 2024 and RMB151.66 million in 2023. Du Du Holdings expects to record a loss of approximately HK$1,647,000 on its disposals, referencing the difference between the aggregate consideration and acquisition costs. Proceeds of about HK$2,899,000 are intended for general working capital.

After consideration of prevailing market conditions, Du Du Holdings’ board views these disposals as a means to realize part of its investment in Best Food Holding, improve the Group’s cash resources, and enhance overall liquidity. Since one or more applicable percentage ratios exceed 5% but remain below 25%, the series of disposals is classified as a discloseable transaction subject to reporting and announcement rules under Chapter 19 of the GEM Listing Rules.