Lianhua Supermarket (00980.HK) plans to sell all the equity of Yangpu Century Lianhua for 78.286 million yuan.

Intelligent Financial News APP, Lianhua Supermarket (00980.HK) announced that on November 19, 2025, the company's direct wholly-owned subsidiary, Century Lianhua Development, plans to sell all the equity of Yangpu Century Lianhua to Shanghai Dongran, an indirectly wholly-owned subsidiary of Bailian Group, for a cash consideration of approximately RMB 78.286 million (recorded and confirmed by the competent authority for the supervision and management of state-owned assets). After the completion of the sale, Yangpu Century Lianhua will no longer be a subsidiary of the company.