Core Viewpoint - Lixin International (00191) and Lixin Development (00488) announced a conditional agreement to sell their interests in New Vision Fund, L.P. for approximately USD 14.6354 million (around HKD 114 million) [1] Group 1: Transaction Details - The agreement involves the sale of all rights and interests in the limited partnership by a subsidiary of Lixin Development and an indirect non-wholly owned subsidiary of Lixin Garment [1] - The partnership primarily invests in pre-IPO shares of companies applying for listing on recognized stock exchanges and in early-stage and growth-stage companies [1] Group 2: Strategic Rationale - The boards of Lixin Garment and Lixin Development view the sale as a good opportunity to exit related investments, allowing for the realization of investments and strengthening cash flow and liquidity [1] - The cash inflow will enable both Lixin Garment and Lixin Development to reallocate financial resources for optimizing their capital structures and/or for general corporate purposes, thereby enhancing overall cash flow and financial condition [1]

合伙公司主要投资于：正在认可证券交易所申请上市的公司股份的首次公开招股前投资;及处于早期及 成长期的公司。鉴于：因相关投资的性质以致有限合伙权益之流动性较为不足;及该等相关投资的波动 性较高，从而导致有限合伙权益未来可能产生的收益难以预测，丽新制衣董事会及丽新发展董事会认 为，出售事项为丽新发展集团提供退出相关投资的良机，可将投资变现并强化丽新发展集团的现金流量 与改善其流动性状况。现金流入将使丽新制衣集团及丽新发展集团既得以重新配置更多财务资源于丽新 制衣集团及丽新发展集团的资本结构优化及/或一般公司用途，同时又提升丽新制衣及丽新发展整体的 现金流量及财务状况。 丽新国际(00191)及丽新发展(00488)联合公布，于2026年1月12日，卖方(丽新发展的间接全资附属公司 及丽新制衣的间接非全资附属公司与买方订立协议，卖方已有条件同意出售、出让、转让及交付;而买 方已有条件同意购买及收购卖方于合伙公司(New Vision Fund,L.P)有限合伙权益的所有权利、所有权及 权益，购买价为1463.54万美元(相等于约1.14亿港元)。 ...

Core Viewpoint - Lixin International (00191) and Lixin Development (00488) announced a conditional agreement to sell their interests in the New Vision Fund, L.P. for approximately USD 14.6354 million (around HKD 114 million) [1] Group 1: Transaction Details - The agreement involves the sale of all rights and interests in the limited partnership by the seller, which includes Lixin Development's indirect wholly-owned subsidiary and Lixin Garment's indirect non-wholly-owned subsidiary [1] - The partnership primarily invests in pre-IPO shares of companies applying for listing on recognized stock exchanges and in early-stage and growth-stage companies [1] Group 2: Financial Implications - The boards of Lixin Garment and Lixin Development believe that the sale provides a good opportunity for Lixin Development Group to exit related investments, allowing for the realization of investments and strengthening cash flow and liquidity [1] - The cash inflow will enable Lixin Garment and Lixin Development to reallocate financial resources for optimizing their capital structure and/or general corporate purposes, while also enhancing overall cash flow and financial condition [1]