Group 1 - The stock of Kwangsi Fragrance Holdings Limited (01925) closed at 1.05 HKD on December 18, 2025, down 1.87% from the previous trading day, with a trading volume of 225,100 HKD [1] - The stock reached a 52-week high of 1.52 HKD and a low of 0.94 HKD [1] Group 2 - Kwangsi Fragrance's indirect wholly-owned subsidiary, Ningbo Kwangsi, notified Shanghai Jihai Investment Management Co., Ltd. on December 17, 2025, to redeem part of its interest in the Jihai Zhize Panshi Private Securities Investment Fund, involving an amount of 30,000,000 RMB [2] - This redemption is the second occurrence, following a previous redemption of the same amount on December 10, 2025, with both redemptions combined exceeding 5% but less than 25%, constituting a disclosure transaction under the Hong Kong Stock Exchange Listing Rules [2] - The fund was initially subscribed by Ningbo Kwangsi on January 3, 2025, with a total investment of 90,000,000 RMB, and as of December 16, 2025, the fair value of the group's interest in the fund was approximately 60,823,000 RMB [2] - The estimated gain from the second redemption is about 1,502,000 RMB, including received distribution amounts of approximately 1,091,000 RMB [2] - The proceeds from the redemption are expected to be received within two days after the notification and will be used for future investments and opportunities [2] - The board believes the transaction was conducted on normal commercial terms and is in the overall interest of the company and its shareholders [2]

Core Viewpoint - The company, Kwangsi Fragrance (01925), has announced a second redemption of its interests in the Jihai Zhize Panshi Private Securities Investment Fund, following an initial redemption event [1] Group 1 - The indirect wholly-owned subsidiary of the company, Ningbo Kwangsi, issued a written notice to the fund manager on December 17, 2025, requesting the redemption [1] - The amount to be redeemed in the second redemption event is RMB 30 million [1]

Group 1 - The company, Kwangsi Fragrance (01925), announced a second redemption of its interests in the Ji Hai Zhi Ze Pan Shi Private Securities Investment Fund, following an initial redemption event [1] - The amount to be redeemed in the second redemption is RMB 30 million [1]

Group 1 - The company, Kwansei Fragrance (01925), announced that its indirect wholly-owned subsidiary, Ningbo Kwansei, has issued a written notice to the fund manager to redeem part of its interests in the fund (Jihai Zhize Panshi Private Securities Investment Fund) [1] - The amount to be redeemed is RMB 30 million [1]

旷世芳香(01925)发布公告，于2025年12月10日，本公司的间接全资附属公司宁波旷世向基金管理人发 出书面通知，要求赎回其于该基金(霁海智泽磐石私募证券投资基金)的部分权益。赎回事项的所得款项 为人民币3000万元。 ...