Elife Holdings Limited (the “Company”) has announced the despatch of its response document dated 18 November 2025 (the “Response Document”) regarding the voluntary conditional cash partial offer. The partial offer involves the acquisition by Mango Financial Limited, on behalf of China Innovation Investment Limited (the “Offeror”), of 180,000,000 shares in the Company not already held by the Offeror and its concert parties.

According to the document, the Independent Board Committee’s recommendations and the Independent Financial Adviser’s advice are included, along with the Company’s audited consolidated financial information. The Company’s annual report for the year ended 31 March 2025 (pages 74 to 187) is incorporated by reference and can be accessed at: https://www1.hkexnews.hk/listedco/listconews/sehk/2025/1118/2025111801592.pdf

Qualifying Shareholders are advised to review all relevant information, including the professional recommendations, before making any decision on accepting or rejecting the partial offer. The announcement also states that trading in the Company’s shares on the Stock Exchange has been suspended since 9:00 a.m. on 2 December 2024 and remains suspended until further notice.