Hangpin Life Technology (01682.HK) subsidiary plans to acquire Hong Kong property for 47.532 million Hong Kong dollars.

Wisdom Financial News APP, Hangpin Life Technology (01682.HK) announced that on November 10, 2025, the buyer (a wholly-owned subsidiary of the company, Jinguofeng Clothing International Limited) and the seller (Banghong Limited) entered into a provisional agreement for the purchase of the property, with a total cash price of 47.532 million Hong Kong dollars. Subject to the signing of the formal agreement and the fulfillment of the conditions precedent therein, the expected acquisition will be completed on or before January 30, 2026. The property is located at Units 2204 and 2205, 22nd floor, West Tower, Sino Central, 168-200 Connaught Road Central, Hong Kong, China.