EG Leasing (00379) will seek shareholder approval on 29 April 2026 to dispose of its entire interest in China Ever Grand Capital Group Limited, which indirectly owns 51.39% of Beijing Ever Grand International Financial Leasing.

The proposed consideration is RMB70.00 million (approximately HK$77.70 million), to be paid in four tranches: • RMB7.00 million within five business days of signing (already received) • RMB49.00 million within five business days after all conditions precedent are met • RMB7.00 million immediately before completion • RMB7.00 million within 60 days post-completion, secured by an unlimited personal guarantee from the purchaser’s owner, Mr Qiao Weibing.

Key financial metrics: • Unaudited net assets of the disposal group attributable to EG Leasing: HK$21.86 million as at 30 June 2025 • Independent valuation: RMB22.59 million (≈HK$25.07 million) • Estimated gain on disposal: HK$55.00 million

Net proceeds of about HK$77.30 million are earmarked as follows: • 51.6% (≈HK$40.00 million) to expand Hong Kong loan-financing operations • 24.5% (≈HK$19.00 million) to grow medical, health and pet-product distribution • 3.9% (≈HK$3.00 million) for PRC manufacturing upgrades • 7.0% (≈HK$5.30 million) for general working capital • 13.0% (≈HK$10.00 million) reserved for future acquisitions

Management cites persistent losses, operational deadlock and litigation risks at the PRC leasing venture as the drivers for the exit. The transaction is classified as a major transaction under Hong Kong Listing Rules; completion is expected seven business days after all conditions are satisfied.

Shareholders registered by 23 April 2026 may vote at the extraordinary general meeting.