YUES INTL HLDG (01529) announced on December 2, 2025, that the company (as the seller) intends to sell approximately 30% of the issued share capital of the target company, Kenson Logistics Investment Limited, to the buyer (Mr. Zeng Xianyong) for a consideration of RMB 30 million. The target company is primarily engaged in investment holding.

The Group has been actively seeking opportunities to enhance the shareholder base of the target group and improve its long-term development prospects. In recent years, the target group has consistently reported losses. The Board believes that introducing new investors could provide additional market resources, business networks, and strategic support, which may help improve the target group's future operational performance.

The sale will also allow the Group to realize part of its investment in the target company while retaining control over the target group post-transaction. As a result, the Group will continue to guide and oversee the overall business development of the target group.

Additionally, the consideration will enable the Group to receive a cash inflow corresponding to the sold stake upon full payment by the buyer. The proceeds, once received, will be used to strengthen the Group's future liquidity position and provide additional flexibility for general working capital and business needs.