Core Viewpoint - Lixin Development (00488) shares rose over 12%, currently at 0.64 HKD, with a trading volume of 14.7095 million HKD, following the announcement of a sale agreement involving Lixin International (00191) and Lixin Development [1] Group 1: Sale Agreement Details - Lixin International and Lixin Development announced a sale agreement on January 12, 2026, where the seller (an indirect wholly-owned subsidiary of Lixin Development and an indirect non-wholly-owned subsidiary of Lixin Garment) conditionally agreed to sell its limited partnership interests in New Vision Fund, L.P. to the buyer for 14.6354 million USD (approximately 114 million HKD) [1] - The boards of Lixin Garment and Lixin Development believe that the sale provides a good opportunity for Lixin Development Group to exit the related investment, allowing for the realization of investments and strengthening cash flow and liquidity [1] Group 2: Financial Implications - The cash inflow from the sale will enable Lixin Garment Group and Lixin Development Group to reallocate more financial resources for optimizing their capital structure and/or for general corporate purposes, while also enhancing the overall cash flow and financial condition of both Lixin Garment and Lixin Development [1]

Core Viewpoint - Lixin Development (00488) shares rose over 12%, reaching 0.64 HKD with a trading volume of 14.7095 million HKD following the announcement of a significant investment transaction [1] Group 1: Transaction Details - Lixin International (00191) and Lixin Development (00488) announced a conditional agreement to sell and purchase limited partnership interests in New Vision Fund, L.P. for 14.6354 million USD, approximately 114 million HKD [1] - The transaction is seen as a strategic exit opportunity for Lixin Development Group, allowing them to liquidate investments and enhance cash flow and liquidity [1] Group 2: Financial Implications - The cash inflow from the sale will enable Lixin Garment Group and Lixin Development Group to reallocate financial resources for optimizing their capital structure and general corporate purposes [1] - This move is expected to improve the overall cash flow and financial condition of both Lixin Garment and Lixin Development [1]

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]

Core Viewpoint - Lisheng International (00191) and Lisheng Development (00488) announced a conditional agreement for the sale of limited partnership interests in New Vision Fund, L.P. for approximately USD 14.6354 million (around HKD 114 million) [1] Group 1: Transaction Details - The seller, an indirect wholly-owned subsidiary of Lisheng Development and an indirect non-wholly-owned subsidiary of Lisheng Garment, has agreed to sell its rights and interests in the partnership [1] - The partnership primarily invests in shares of companies applying for listing on recognized stock exchanges and in early-stage and growth-stage companies [1] Group 2: Rationale for the Sale - Due to the nature of the related investments, the liquidity of the limited partnership interests is relatively low, and the volatility of these investments makes future returns difficult to predict [1] - The boards of Lisheng Garment and Lisheng Development believe that the sale provides a good opportunity for Lisheng Development Group to exit related investments, allowing for the realization of investments and strengthening cash flow and liquidity [1] Group 3: Financial Implications - The cash inflow will enable Lisheng Garment Group and Lisheng Development Group to reallocate more financial resources for optimizing their capital structure and/or for general corporate purposes [1] - This transaction is expected to enhance the overall cash flow and financial condition of both Lisheng Garment and Lisheng Development [1]

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]