Singularity Guo Feng (01280) completed the sale of all shares of China Yinrui (Hong Kong) Investment Holdings

According to Zhitong Finance App, Singularity Guofeng (01280) issued an announcement regarding the sale of all issued share capital of China Yinrui (Hong Kong) Investment Holdings Co., Ltd. (target company), and the target company, along with its subsidiaries, is engaged in the Group's household appliance retail business. All prerequisites under the sale agreement have been fulfilled, and completion was carried out on October 30, 2026 in accordance with the terms of the sale agreement.

After completion, the Company no longer holds any interest in the target company, and the target company and its subsidiaries are no longer subsidiaries of the Company. As a result, the target group's financial performance, assets and liabilities will no longer be consolidated into the Group's financial statements.