Core Viewpoint - Alpha Enterprises (00948) is undergoing a significant shareholder transfer and is selling its stake in Shenyang Jinyi E-commerce Co., Ltd for a total consideration of HKD 27.5 million, which will result in the company no longer consolidating the financial performance of the target company into its financial statements [1] Group 1: Shareholder Transfer - On November 12, Alpha Enterprises' shareholders transferred shares from Everbright Securities Investment Services Hong Kong to Jietong Securities, with a transfer market value of HKD 7.28 million, accounting for 8.02% of the total shares [1] Group 2: Sale Agreement - Alpha Enterprises announced a sale agreement with Stlet International Group Limited, where the foreign-owned subsidiary will sell its economic interests in Shenyang Jinyi E-commerce Co., Ltd for HKD 27.5 million [1] - Upon completion of the sale, Shenyang Jinyi E-commerce Co., Ltd will no longer be a subsidiary of Alpha Enterprises, and the company will not hold any rights to the target company [1] Group 3: Target Company Overview - Shenyang Jinyi E-commerce Co., Ltd is a limited company established in China, primarily engaged in e-commerce activities and holds necessary licenses, including the Value-Added Telecommunications Business Operating License (ICP License) and the Network Culture Business Operating License (ICB License) [1]