Core Viewpoint - Lianhua Supermarket (00980.HK) announced the sale of its entire stake in Yangpu Century Lianhua to Shanghai Dongran, a wholly-owned subsidiary of Bailian Group, for approximately RMB 78.286 million, with the transaction confirmed by the relevant state-owned asset supervision authority [1] Group 1 - The share transfer agreement was signed on November 19, 2025, between Shanghai Dongran (buyer) and Century Lianhua Development (seller) [1] - Following the completion of the sale, Yangpu Century Lianhua will no longer be a subsidiary of the company [1] - The company plans to enter into a management entrustment agreement with Shanghai Dongran post-sale, providing operational management and resource support services for a period of three years [1]