Core Viewpoint - CIFI Holdings Group (00884) has announced a share transfer agreement involving the sale and purchase of equity stakes, aimed at optimizing resource allocation and enhancing liquidity in response to challenges in the Chinese real estate market [1] Group 1: Transaction Details - The group has entered into a sale agreement where Beijing CIFI (a subsidiary) conditionally agrees to sell 100% equity of Tianjin and New to Shenzhen Shengjun for a total consideration of RMB 302 million [1] - Concurrently, a purchase agreement has been established where Shenzhen Shengjun conditionally agrees to sell 50% equity of Ningbo Haishu Xingli to Ningbo CIFI (a subsidiary) for the same total consideration of RMB 302 million [1] - The consideration payable by Shenzhen Shengjun to Beijing CIFI will offset the amount payable by Ningbo CIFI to Shenzhen Shengjun under the respective agreements [1] Group 2: Market Context and Strategic Response - The Chinese real estate market is currently facing unprecedented challenges, with developers experiencing significant liquidity pressures [1] - The board believes that enhancing resource efficiency, improving liquidity, and reducing debt are critical strategies for the industry to navigate the crisis [1] - The board is confident that the transaction will assist the group in optimizing resource allocation and focusing on key development areas, thereby improving the group's liquidity [1]

Group 1 - The core transaction involves CIFI Holdings Group entering into share transfer agreements, including a sale agreement for 100% equity in Tianjin and a new project for a total consideration of RMB 302 million, and a purchase agreement for 50% equity in Ningbo Haishu Xingli for the same amount [1] - The board believes that enhancing resource efficiency, improving liquidity, and reducing debt are key strategies for the industry to cope with the unprecedented challenges in the Chinese real estate market [1] - The transactions are expected to help the company optimize resource allocation and focus on key development areas, thereby improving the group's liquidity [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00884） 有關 (1)出售天津和新股權 (2)收購寧波海曙興禮股權 的須予披露交易 該等股份轉讓協議 於 二 零 二 五 年 十 二 月 二 十 五 日 ， 本 集 團 就 交 易 事 項 訂 立 以 下 該 等 股 份 轉 讓 協 議： 根據該等股份轉讓協議，深圳盛鈞就出售事項應付北京旭輝的代價將與寧波旭 輝就收購事項應付深圳盛鈞的代價抵銷。 – 1 – (i) 出售協議，據此，北京旭輝（ 本公司附屬公司 ）有條件同意出售，而深圳盛 鈞有條件同意購買天津和新的100 %股權，總代價為人民幣301,959,800元（ 相 當於約329,600,000港元 ）；及 (ii) 收 購 協 ...

人民财讯12月28日电，旭辉控股集团在港交所公告，公司已选定2025年12月29日为境外债务重组生效日 期。 ...

CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00884） （債務股份代號：05261、40464、40519、40681、40682） 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。本公告 並非且並不構成於美國或任何其他司法權區根據任何有關司法權區證券法登記或 合資格前有關要約、遊說或銷售屬違法的購買或出售任何證券的要約或要約購買 或出售有關證券的遊說一部分。本公告所述證券未曾亦不會根據一九三三年美國 證券法登記，未辦理登記或未獲豁免登記前，不得在美國境內發售、出售或以其 他方式轉讓。於美國公開發售任何證券將以發售章程形式進行，有關發售章程可 向本公司獲取，並將載有關於本公司及其管理層以及財務報表的詳盡資料。本公 司 ...

Key Points - As of December 19, 38 stocks reached their 52-week highs, with Li Gao Health Life (02370), Ginkgo Education (01851), and Kangqiao Yuelife (02205) leading the high rate at 36.36%, 18.72%, and 8.70% respectively [1] - The top three stocks that achieved new highs are as follows: - Li Gao Health Life (02370) closed at 0.670, with a peak of 0.750, marking a 36.36% increase - Ginkgo Education (01851) closed at 2.430, with a peak of 2.600, marking an 18.72% increase - Kangqiao Yuelife (02205) closed at 1.200, with a peak of 1.250, marking an 8.70% increase [1] - Other notable stocks that reached new highs include Liangqing Holdings (1,000) at 7.14%, Jinxing International Holdings (02307) at 7.04%, and Wuxi Life (08148) at 6.21% [1] 52-Week Low Summary - The 52-week low rankings show that Haowen Holdings (08019) had the largest decline at -16.13%, closing at 0.130 [2] - Other significant declines include NIU Holdings (08619) at -11.86%, closing at 0.156, and Hashkey HLDGS (03887) at -9.59%, with a low of 5.090 [2] - Additional stocks with notable declines include Songdu Service (09608) at -9.09%, closing at 0.068, and Ruike Bio-B (02179) at -5.41%, closing at 5.070 [2]

Core Viewpoint - The sale of equity in Yongsheng Services by its controlling shareholder, CIFI Holdings, is primarily driven by the need for debt restructuring, aiming to raise approximately HKD 2.76 billion to address its offshore debt of around HKD 38 billion [2][8]. Group 1: Transaction Details - CIFI Holdings has entered into a legally binding commitment with LMR Fund to sell 142,387,000 shares of Yongsheng Services at a minimum price of HKD 1.936 per share, representing a 10% premium over the closing price prior to the announcement [3][4]. - The transaction involves a complex financial arrangement, including a pre-paid subscription option and a sale and swap transaction, executed by CIFI's wholly-owned subsidiary, Spectron [3][4]. - After the transaction, Yongsheng Services will no longer be consolidated into CIFI Holdings' financial statements, marking a formal separation in capital reporting [5]. Group 2: Strategic Implications - The core motivation behind the equity sale is to generate critical funds for CIFI Holdings' debt restructuring plan, which requires upfront payments to meet preconditions for the restructuring to take effect [8]. - Analysts suggest that the sale aligns with CIFI Holdings' strategic shift towards a "low-debt, light-asset, high-quality" model, as it seeks to alleviate liquidity pressures [8]. - The transaction is viewed as a necessary step for Yongsheng Services to establish its independence in the capital market, with expectations for improved operational strategies and potential for future growth [10][11]. Group 3: Market Reactions and Future Outlook - The market perceives that Yongsheng Services will benefit from the entry of a new financial investor, which may provide fresh perspectives on development planning and resource allocation [10]. - Analysts believe that the valuation of Yongsheng Services will now depend more on its own profitability, cash flow quality, and growth potential, rather than its previous ties to CIFI Holdings [10]. - Yongsheng Services aims to establish itself as a benchmark in ESG (Environmental, Social, and Governance) standards, signaling its commitment to business independence and long-term value creation [11].

Core Viewpoint - CIFI Holdings Group (00884) announced a three-year pre-paid subscription option transaction and sale and swap transaction with LMR, aligning with the commitments outlined in a previous announcement [1] Group 1 - The pre-paid subscription option transaction and the sale and swap transaction together constitute the proposed transaction as defined in the September announcement [1] - The agreement reached with LMR aims to achieve the commercial objectives stated in the September announcement [1] - LMR, a fund seeking capital appreciation and optimistic about the company's long-term prospects, has agreed to extend the proposed transaction's term from the originally planned 364 days to three years [1]

旭辉控股集团(00884)发布公告，根据承诺函的条款，并为完成及实施建议交易(定义见九月公告)，于 2025年12月12日，本公司全资附属公司Spectron与LMR订立三年期预付认购期权交易以及出售及掉期交 易。预付认购期权交易以及出售及掉期交易共同构成建议交易(定义见九月公告)，并达成九月公告所载 的约定商业目标。 LMR作为一个寻求资本增值且对本公司长远前景看好的基金，其已同意将预付认购期权交易下的建议 交易(定义见九月公告)的期限由塬拟定的364日延长至三年。 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請或要約。 CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00884） （債務股份代號：05261、40464、40519、40681、40682） 有關訂立(1)涉及永升服務集團有限公司普通股之 三年期預付認購期權確認書及 (2)出售及掉期確認書之 須予披露交易 茲提述九月公告。 董事會欣然宣佈，根據承諾函（ 定義見九月公告 ）之條款，並為完成及實施建議 交易（ 定義見九月公告 ），於二零二五年十二月十二日（ 交易時段後 ），本公司全 資附屬公司Spectron與LMR訂立(i)三年期預付認購期權交易以及(ii)出售及掉期 交 易 。 預 付 認 購 期 權 交 易 以 及 ...