ART GROUP HOLD (00565) subsidiary intends to sell the entire equity interest in Xuansheng International

ART GROUP HOLD (00565) announced that on October 5, 2026, the seller (Right Lane International Limited, a direct wholly-owned subsidiary of the company) intends to sell the entire issued share capital of the sold company (Xuansheng International Limited) to the buyer Chen Wenlan for a consideration of HK$1. The sold company is an investment holding company. The sold group has been principally engaged in property operations in China. The disposal enables the group to optimize its assets and resource allocation and focus on areas and businesses with stronger growth potential. This move also allows the group to redeploy internal resources to support its other existing principal businesses by eliminating loss-making operations, thereby enhancing the group's overall financial flexibility.