SMART FISH (00139) has announced that on May 29, 2026, the buyer, Daqi Culture (Shenzhen) Co., Ltd., and the lender, Yifeng Finance Co., Ltd. (both wholly-owned subsidiaries of the company), entered into a sale and purchase agreement with the seller, Qingdao Lushang Jinxiu Property Co., Ltd., and the borrower. According to the agreement, the seller has agreed to sell and the buyer has agreed to acquire the property for a total consideration of RMB 25.5 million. This consideration will be settled by offsetting it against part of the outstanding amount owed by the borrower to the lender on an equal basis. The property comprises 170 parking spaces located in the basement of a property project in Qingdao City, Shandong Province, China. The directors believe the acquisition represents an investment opportunity to participate in China's real estate market. Considering the group's business development, the directors are of the view that the acquisition will enable the group to secure a stable income source through leasing the property. Furthermore, the group is expected to benefit from the long-term appreciation of real estate prices in China. The directors further note that the consideration will be settled by offsetting the outstanding amount, meaning the group will not have any cash outflow for the acquisition.