Core Viewpoint - China Party Culture (01532) has entered into a sale agreement with Fuzhou Baihui Technology Co., Ltd. to sell its entire stake in High Kelee Investment Holdings Limited for RMB 20.5 million, indicating a strategic move to streamline operations and focus on core business areas [1] Group 1: Transaction Details - The sale agreement was signed on November 19, 2025, after trading hours [1] - The total consideration for the sale is RMB 20.5 million [1] - Following the completion of the sale, the target group will no longer be a subsidiary of the company, and its financial performance will not be consolidated into the company's financial statements [1] Group 2: Business Rationale - The board reviewed the financial and operational performance of the target group, which primarily operates in the personal and home care product sectors [1] - The board noted that the personal hygiene product market is facing increased competition and that demand has returned to normal levels post-COVID-19, leading to an unclear business outlook for the target group [1] - The sale is seen as an opportunity for the company to realize value from this business and reallocate resources to its core operations, thereby enhancing overall management efficiency [1]

Core Viewpoint - China Party Culture (01532) has entered into a sale agreement with Fuzhou Baihui Technology Co., Ltd. to sell 100% equity of High Kelee Investment Holdings Limited for RMB 20.5 million, which will lead to the target group no longer being a subsidiary and its financial performance not being consolidated into the group's financial statements [1] Group 1: Transaction Details - The sale agreement is set to be completed on November 19, 2025, after trading hours [1] - The total consideration for the sale is RMB 20.5 million [1] Group 2: Business Implications - The target group primarily engages in the business of clothing care, personal care, and home care products [1] - The board has reviewed the financial and operational performance of the target group and noted that the outlook remains uncertain due to intensified competition in the personal hygiene products market and the normalization of demand post-COVID-19 [1] - The sale is expected to streamline the company's business structure, reduce resource allocation, and enhance overall management efficiency [1] - The board views this sale as an opportunity to realize value from the business and reallocate resources to core operations [1]