C&D International forms Xiamen land development JV with Lianfa Group, takes 49% stake

• C&D International agreed a joint development deal in Xiamen with C&D Inc unit Lianfa Group via its subsidiary Yi Yue.
• Parties will develop residential or commercial projects on two land parcels through a project company; Yi Yue to hold 49%, Lianfa 51%.
• Land-use rights were won on June 24 for RMB 2.06 billion; cooperation agreement signed July 17.
• Yi Yue’s total capital commitment is estimated at about RMB 1.2 billion, funded from internal resources.
• Project company will not be consolidated into the group’s financial statements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C&D International Investment Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260717-12248776), on July 17, 2026, and is solely responsible for the information contained therein.