Yuzhou Group (01628) issued an announcement regarding the disposal of a Hong Kong property. All conditions precedent under the preliminary agreement and the formal agreement have been satisfied, and completion took place on October 2, 2026, in accordance with the terms of both agreements.

Following completion, the group no longer owns the property, namely Rooms 5801, 5802, 5803, 5805, 5806 and 5813 on the 58th floor of The Center, 99 Queen's Road Central, Hong Kong.

Under the preliminary agreement and the formal agreement, upon completion, the buyer is required to lease the property back to the seller. As of the date of this announcement, the company is still in discussions with the buyer regarding the terms of the sale-and-leaseback arrangement. Accordingly, as of the date of this announcement, the final terms of the sale-and-leaseback arrangement have not yet been agreed.