Zhi Tong Cai Jing·2026-01-14 06:22Core Viewpoint - Lixin Development (00488) shares rose over 12%, currently at 0.64 HKD, with a trading volume of 14.7095 million HKD, following the announcement of a sale agreement involving Lixin International (00191) and Lixin Development [1] Group 1: Sale Agreement Details - Lixin International and Lixin Development announced a sale agreement on January 12, 2026, where the seller (an indirect wholly-owned subsidiary of Lixin Development and an indirect non-wholly-owned subsidiary of Lixin Garment) conditionally agreed to sell its limited partnership interests in New Vision Fund, L.P. to the buyer for 14.6354 million USD (approximately 114 million HKD) [1] - The boards of Lixin Garment and Lixin Development believe that the sale provides a good opportunity for Lixin Development Group to exit the related investment, allowing for the realization of investments and strengthening cash flow and liquidity [1] Group 2: Financial Implications - The cash inflow from the sale will enable Lixin Garment Group and Lixin Development Group to reallocate more financial resources for optimizing their capital structure and/or for general corporate purposes, while also enhancing the overall cash flow and financial condition of both Lixin Garment and Lixin Development [1]