China Ever Grand Financial Leasing signs MOU for China Fusion Times acquisition, share issue planned

• China Ever Grand Financial Leasing Group signed a non-binding memorandum of understanding on April 30 for a possible acquisition of China Fusion Times Technology.
• Transaction would involve purchase of 100% of target shares, with consideration to be paid through issuance of new shares.
• Consideration Shares would be capped at 25% of enlarged issued share capital, with shareholder approval required if issuance exceeds general mandate limits.
• Vendor plans to provide an irrevocable profit guarantee tied to Target Group financial performance for subsequent financial year(s).
• Parties aim to sign definitive sale and purchase agreement by Oct. 31, 2026, subject to due diligence and completion of target group restructuring.

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. China Ever Grand Financial Leasing Group Co. Ltd. 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-20260430-12141056), on April 30, 2026, and is solely responsible for the information contained therein.