Core Viewpoint - The company, Xinyi International (00732.HK), announced its intention to acquire approximately 11.43% equity in Xinyi Renshou from Renshou Chantuo through a public bidding process, with a total consideration not exceeding RMB 1.05 billion [1][2] Group 1: Acquisition Details - The acquisition is set to be completed by October 22, 2025, and will be conducted via a public bidding process [1] - Upon successful completion of both the first and second bids, Xinyi Optical will hold approximately 41.13% of Xinyi Renshou's equity [1] - If the company is successful in only one of the bids, it will hold approximately 35.41% of Xinyi Renshou's equity [2] Group 2: Company Structure and Financial Reporting - Xinyi Renshou is a company registered in China and is classified as an associate company of the group, accounted for using the equity method in the group's consolidated financial statements [1][2] - As of the announcement date, Xinyi Renshou is held approximately 29.69% by Xinyi Optical, 64.29% by Renshou Chantuo, and 6.02% by Renshou Jican No.1 Limited Partnership, with the latter two being independent third parties [1]

Group 1 - Southbound funds reduced their holdings in Xinli International (00732.HK) by 200,000 shares on September 24, 2025, marking a decrease of 0.12% [1][2] - Over the past five trading days, there have been reductions in holdings for five days, with a total net reduction of 856,000 shares [1][2] - In the last twenty trading days, there were reductions in holdings for twenty days, with a cumulative net reduction of 1.62 million shares [1][2] Group 2 - As of now, southbound funds hold 16 million shares of Xinli International, accounting for 5.22% of the company's total issued ordinary shares [1][2] - Xinli International is primarily engaged in the manufacturing and sales of liquid crystal display (LCD) products, operating through two segments: LCD products and electronic consumer products [2] - The company's product offerings include micro camera modules, fingerprint recognition modules, glass cover products, personal healthcare products such as blood glucose meters, blood pressure monitors, electric toothbrushes, calculators, and circuit boards [2]