Core Viewpoint - Jingji Financial International (01468.HK) plans to sell its wholly-owned subsidiary Trade Region Limited for HKD 10 million, expecting to record a gain of approximately HKD 220,000 from the transaction [1] Company Summary - The target company, Trade Region Limited, is fully owned by Jingji Financial International and has two subsidiaries: UKF (Denmark) A/S and Loyal Speed Limited, along with UK Fur Company Limited [1] - UKF (Denmark) A/S is registered in Denmark and primarily engages in mink farming [1] - Loyal Speed Limited and UK Fur Company Limited are registered in the British Virgin Islands, with Loyal Speed Limited focusing on fur brokerage and financing services in Hong Kong, while UK Fur Company Limited is involved in fur trading in the Hong Kong market [1]

Group 1 - The company, Jingji Financial International, has entered into an agreement to sell its entire issued share capital of Trade Region Limited for a total consideration of HKD 10 million, with the buyer being Scandinavia Agricultural A/S Limited [1] - The target company fully owns UKF(Denmark)A/S, Loyal Speed Limited, and UK Fur Limited, with UKF(Denmark)A/S primarily engaged in mink farming in Denmark [1] - The fur business segment of the target group reported a significant loss of approximately HKD 27 million for the fiscal year ending March 31, 2025, a substantial increase from a loss of about HKD 3.6 million for the previous fiscal year [2] Group 2 - The decline in revenue for the fur business is attributed to adverse impacts from changes in Danish policies, including a temporary ban on mink breeding and farming extended to 2023 [2] - In response to these challenges, the company is strategically shifting its focus towards more profitable and mature sectors, prioritizing financial-related business areas to mitigate risks associated with the fur segment [2] - The company aims to use the proceeds from the sale to enhance its financial services and strengthen collaborations in sustainable development and technology sectors, aligning with global ESG initiatives [2]