Dexiang Real Estate: Completed the acquisition of 20% of the issued share capital of PYI Investment.

date
12/08/2026
De Xiang Real Estate Announcement: The company previously disclosed the acquisition of 20% of the issued share capital of PYI Investment and the sale of loans to ITC Finance, as well as the sale of shares in ITC Finance. The acquisition and sale were completed on August 12, 2026. Following the acquisition, the company holds 20% of the total issued share capital of PYI Investment; after the sale, the company no longer holds any equity in ITC Finance, and ITC Finance is no longer a subsidiary. The company has issued promissory notes with a total principal amount of HKD 170 million, accounting for 50.49% of the acquisition cost.