Chinese People Holdings Company Limited (Stock Code: 00681) released additional information regarding the acquisition of certain assets for RMB23,800,000. The net book value of the assets, based on the vendor’s unaudited management account as of 30 September 2025, is approximately RMB31,271,000. This represents a discount of around 23.4%, or RMB7,471,000, from the net book value.

According to the announcement, the discount was negotiated after taking into account prevailing market conditions, as well as an agreed payment term for the deposit. The company concluded that the negotiated purchase price is fair and reasonable. Financial details of the assets’ net profit before and after tax for the past two years are unavailable because the vendor’s income, costs, and expenses are not exclusively linked to the acquired assets.