Core Viewpoint - China New Consumption Group (08275) has signed a non-binding memorandum of understanding with Guangdong Haichuang Xinyuan Technology Co., Ltd. regarding a potential construction project valued at RMB 450 million, scheduled for January 16, 2026 [1] Group 1: Project Details - The project involves the development of a technology industrial park focused on automotive parts and related upstream and downstream industries [1] - The total estimated investment for the technology industrial park is RMB 2 billion, with a total construction area of approximately 250,000 square meters [1] - The industrial park is positioned as a "high-standard industrial park in Panyu District," aiming to create a modern industrial complex that includes top office spaces, R&D innovation facilities, light industrial production areas, and high-standard factories [1] Group 2: Strategic Planning - The company is strategically planning to expand its construction operations within the People's Republic of China and aims to obtain multiple construction permits to take on general contractor responsibilities [1] - The board believes that undertaking the potential construction project aligns with the company's development strategy and will help seize business opportunities [1] - This opportunity is expected to enhance the company's financial status and profitability, contributing to the long-term business development of the group [1]

Group 1 - The company, China New Consumption Group, has signed a non-binding memorandum of understanding with Guangdong Haichuang Xinyuan Technology Co., Ltd. regarding a construction project valued at RMB 450 million [1] - The technology industrial park will focus on the development of automotive parts and related upstream and downstream industries, with a total expected investment of RMB 2 billion and a total construction area of approximately 250,000 square meters [1] - The industrial park is positioned as a "high-standard industrial park in Panyu District" and aims to develop a modern industrial complex that includes top office spaces, R&D innovation facilities, light industrial production areas, high-standard factories, and independent or semi-independent headquarters [1] Group 2 - The company is strategically planning to expand its construction operations within the People's Republic of China and aims to obtain multiple construction permits to take on general contractor responsibilities [1] - The board believes that undertaking the potential construction project aligns with the company's development strategy and will help seize business opportunities, enhancing the company's financial status and profitability [1] - This opportunity is expected to contribute to the long-term business development of the company [1]

Core Viewpoint - China New Consumption Group (08275.HK) has signed a non-binding memorandum of understanding with Guangdong Haichuang Xinyuan Technology Co., Ltd. regarding the construction project of the Guangdong Haichuang Xinyuan Technology Industrial Park, with a total contract value of RMB 450 million [1] Group 1: Project Overview - The Technology Industrial Park focuses on the automotive parts and related upstream and downstream industries as its core development direction [1] - The total estimated investment for the Technology Industrial Park is RMB 2 billion, with a total construction area of approximately 250,000 square meters [1] - The park is positioned as a "high-standard industrial park in Panyu District" and aims to develop into a modern industrial complex that includes top office spaces, R&D innovation facilities, light industrial production areas, high-standard factories, and independent or semi-independent headquarters [1] Group 2: Strategic Planning - The company is strategically planning to expand its construction operations within the People's Republic of China and aims to obtain multiple construction permits to take on the responsibilities of a general contractor [1] - The board believes that undertaking potential construction projects aligns with the company's development strategy and helps the group seize business opportunities [1] - These opportunities are expected to enhance the group's financial status and profitability, contributing to the long-term business development of the group [1]