Jiahua Stores disposes Bantian Supermarket leasehold improvements, equipment for RMB 6 million

• Jiahua Stores agreed to transfer leasehold improvements, equipment, and related supermarket operating rights at Bantian Supermarket to Shenzhen Jiayang for RMB 6 million, alongside a sublease signed May 1, 2026.
• Deal shifts Bantian site in Shenzhen to a sublease running May 1, 2026 to Dec. 31, 2031, with initial monthly rent of RMB 140,000, following closure of loss-making operations.
• Payment schedule set at RMB 3 million within 10 working days of signing, then RMB 1.5 million on May 1, 2027, with remaining RMB 1.5 million on May 1, 2028.
• Group expects a disposal gain of RMB 6 million, citing nil net book value for assets as of Dec. 31, 2025 due to full impairment.
• Bantian Supermarket posted revenue of RMB 16.2 million in 2025, with net loss after tax of RMB 7.4 million.

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. Jiahua Stores 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-20260503-12141521), on May 03, 2026, and is solely responsible for the information contained therein.