Core Viewpoint - The company has entered into a sale agreement with Mountain Hill Investment Holdings Limited to sell 59,672.888 Class L shares for a cash consideration of HKD 89 million, which is seen as a prudent opportunity to reduce investment portfolio risk and realize investment returns amid increasing global economic uncertainty [1][2]. Group 1: Sale Agreement Details - The shares were originally acquired at a cost of USD 127.969 per Class L share, totaling approximately USD 7.64 million [2]. - The sale price of HKD 89 million represents a cumulative gain of approximately HKD 29.55 million over the original investment cost [2]. Group 2: Use of Proceeds - The net proceeds of approximately HKD 88 million from the sale will be allocated to the company's existing mobile gaming business in China, including game licensing and acquisitions, new game development, platform game promotion and distribution, and ongoing support for game operations [2]. - The board is optimistic that the strategic redeployment of funds from non-core investments will strengthen the company's core operations and enhance overall revenue, supporting long-term growth [2].

Core Viewpoint - The company, Kwansei Fragrance (01925.HK), announced its decision to redeem its remaining interests in a fund, expecting to receive approximately RMB 30.826 million by December 24, 2025 [1] Group 1 - The company’s indirect wholly-owned subsidiary, Ningbo Kwansei, issued a written notice to the fund manager to redeem its remaining interests in the fund [1] - The company has held interests in the fund for about one year, during which the fund's investment returns remained stable [1] - The board believes it is crucial to regularly review the fund's performance and prospects, and views the redemption as a way to secure unrealized gains while seeking other investment opportunities in the market [1]