China International Development Corporation Ltd. and Xu Xichang have signed a supplemental agreement to extend the exclusivity period for their proposed transaction by an additional three months, making it a total of six months from the date of the original memorandum of understanding. The company has engaged professional advisors, including financial, Chinese legal, and Hong Kong legal experts, to begin due diligence on the Target Group’s business, operations, assets, finances, and legal matters. Negotiations regarding the potential transaction are ongoing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China International Development Corporation Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260205-12017041), on February 05, 2026, and is solely responsible for the information contained therein.