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]

Core Viewpoint - The company, Jingji Financial International, has agreed to sell its entire stake in Trade Region Limited for HKD 10 million, as part of a strategic shift to focus on more profitable and mature sectors, particularly in financial services [1][2]. Group 1: Sale Agreement - Jingji Financial International has entered into an agreement with Scandinavia Agricultural A/S Limited to conditionally sell its shares in Trade Region Limited, which represents the entire issued share capital of the target company [1]. - The total consideration for the sale is HKD 10 million [1]. Group 2: Financial Performance and Strategic Shift - 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, compared to a loss of about HKD 3.6 million for the previous fiscal year [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 financial services and exploring opportunities in sustainable development and technology sectors [2]. - The board believes that the sale will allow the company to allocate additional resources to enhance its financial services and strengthen collaborations in sustainability and technology, thereby seizing emerging business opportunities [2].