Core Viewpoint - Haitian International (01882) announced the sale of its entire equity interest in Ningbo Haitian Guohua Machinery Co., Ltd. for approximately RMB 342 million (around HKD 380 million) to focus on its core business and reduce operational risks outside its main operations [1] Group 1: Transaction Details - The equity transfer agreement was signed on January 5, 2026, between Haitian Zhisheng Metal Forming Equipment Co., Ltd. (the buyer) and Guohua Enterprise Group Co., Ltd. (the seller) [1] - After the completion of the sale, the group will no longer hold any equity interest in Guohua Machinery [1] Group 2: Business Rationale - Guohua Machinery, established in 2018 in Ningbo, Zhejiang Province, has been used for leasing factory buildings and supporting assets [1] - The board believes that the business operated by Guohua Machinery is not aligned with the group's current core focus and does not contribute to the overall productivity of the core business [1] - The sale is intended to allow the group to concentrate on its main business operations, which is deemed more beneficial and effective in reducing operational risks [1]