Yuxing Infotech (08005) has announced the termination of a proposed sale involving its indirectly wholly-owned subsidiary, RiCloud Corp. The subsidiary had intended to sell land and property to Prime Date Centers, LLC for a consideration of $110 million. Under the initial agreement, the seller had conditionally agreed to transfer the assets to the buyer and lease them back until the transaction was finalized or the sale was terminated. The proposed sale failed to be completed by the stipulated deadline of March 9, 2026. The seller and the buyer did not reach an agreement to further extend the contingency date. Consequently, the sale agreement and the interim lease have automatically become void and ceased.