Times China settles payables via RMB 6.3 million property transfer to Times Neighborhood unit

• Times China unit Times Dingfeng agreed to transfer 15 properties in Zhaoqing, Guangdong to Times Neighborhood unit Times Property Management (Guangzhou) to settle payables.
• Total consideration set at RMB 6.3 million, mainly satisfied by offsetting RMB 6.29 million of outstanding accounts payable.
• Transaction structure includes cash payment of RMB 742 from Times Property Management (Guangzhou) to Times Dingfeng.
• Group expects loss of about RMB 266,000 from property transfer, subject to final audit.
• Arrangement classified as connected transaction, subject to reporting and announcement requirements under Hong Kong listing rules.

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. Times China Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12135495), on April 29, 2026, and is solely responsible for the information contained therein.