Liya Retail (00831) sold 312 million shares by controlling shareholder Feng's Retail

Zhitong Finance App News, Liya Retail (00831) issued an announcement. “The Board of Directors”) was notified by Fung's Retail Group Limited (Fung's Retail), the controlling shareholder of the Company. On September 22, 2026, Fung's Retail sold all 312 million shares of the Company's common shares (shares) with a face value of HK$0.10 per share to Lotus Peak Investments Limited (Lotus Peak), which is equivalent to about 39.86% of the total number of shares issued by the Company at the date of this announcement, at a total cost of 1.4 1.4 HK$100 million (equivalent to HK$0.45 per share).

On the same day, the Board of Directors was further notified by Lotus Peak and Dr. Fung Kwok Lun (Dr Fung) that, in addition to the above sale by Fung's Retail, Dr. Fung had transferred 90 million shares held by him personally (equivalent to approximately 11.51% of the total number of shares issued by the Company at the date of this announcement) to Lotus Peak at a total cost of HK$40.5 million (equivalent to HK$0.45 per share).

Following the completion of the two transactions (transactions) described in this announcement, Lotus Peak held a total of 402 million shares, which is equivalent to approximately 51.37% of the total number of issued shares of the Company.

The Board learned that Lotus Peak is a private company, 90.00% of which is owned by Dr. Fung, while the remaining 10.00% is owned by Ms Feng Shen-naiqi (the spouse of Dr. Feng Guojing).

After the above share transfer was completed, Fung's Retail no longer holds any shares. As a result, Lotus Peak became the controlling shareholder of the Company, while Jinglan, Fung's Retail and Fung's Holdings (1937) Ltd are no longer the controlling shareholders of the Company.