Crown City Watch and Jewelry (00256) is selling 50% equity of Rotary Watch & Jewellery Limited for a maximum total price of 7 million pounds.

Wisdom Financial News APP, Emperor Watch & Jewellery (00256) announced that on May 20, 2026, the seller, buyer Peers Hardy (UK) Limited, Lautray UK, Lautray Switzerland, and the company signed a share purchase agreement. The seller agrees to sell, and the buyer agrees to acquire and dispose of 50% of the shares of Rotary Watch & Jewellery Limited (equivalent to 50% of the issued share capital of the disposal company), with a total maximum consideration of 7 million (approximately HK$73.36 million).