A-Living Services updates on connected transactions

** A-Living Services (HKEX:3319) has released a supplemental announcement regarding connected transactions related to its acquisitions of a 70% equity interest in Target A and a 100% equity interest in Target B. The consideration for Target A was RMB17.89 million, while the consideration for Target B was RMB42.71 million, derived from arm’s length negotiations and valuations. The supplemental announcement details the asset-based approach used for valuation, highlighting the key assumptions and inputs. An independent valuer assessed the equity value of Target A at RMB17.89 million and Target B at RMB53.31 million. The announcement also explains that Agile Holdings consideration repayments will go towards receivables. Completion of the Target B acquisition is complete, while the Target A share transfer and registration are pending governmental approval.