XJ INTL HLDGS (01765) announced that after the trading session on August 7, 2026, its wholly-owned subsidiary, Yibin Xuande Education Consulting Management Co., Ltd., entered into an agreement with Gaoxian Huirun Education Co., Ltd. The subsidiary plans to sell land and related property to Gaoxian Huirun Education Co., Ltd. for a total consideration of approximately 248 million yuan.

The group expects to recognize an unaudited loss of about 27.2017 million yuan from the sale. The land is located at No. 222, Section 1, Kaihua Road, Qingfu Town, Gaoxian, Yibin City, Sichuan Province, China, covering a total site area of 165.26 mu. The property on the land consists of 14 school buildings with a total floor area of 83,741.64 square meters.

Based on business development needs, the group purchased the land in 2020 to invest in a private higher education project in Gaoxian. However, due to the project not being included in Sichuan Province's "14th Five-Year Plan" for higher education institution setup, they failed to obtain the necessary operating qualifications, and the project is currently idle. The directors believe that the sale provides an opportunity for the group to recover most of its past investment and avoid incurring further expenses, which will also optimize the group's resource utilization.