China Resources Land completes CR Mixc Lifestyle share disposal, nets HK$2.06bn

China Resources Land Limited announced the completion of its placing of shares in subsidiary CR Mixc Lifestyle on November 17, 2025. A total of 49,500,000 placing shares, representing about 2.17% of CR Mixc Lifestyle's total issued shares, were successfully placed to at least six independent professional, institutional, or other investors at HK$41.70 per placing share. None of the placees became substantial shareholders of CR Mixc Lifestyle following the completion.

The net proceeds from the disposal, after deducting all professional fees and out-of-pocket expenses, amounted to approximately HK$2,061,270,400. China Resources Land intends to utilize these proceeds for the acquisition of land reserves, development costs, and general working capital for the Group.

Immediately following the completion, China Resources Land's interest in CR Mixc Lifestyle decreased from approximately 72.29% to 70.12% of the total issued shares. Despite this reduction, CR Mixc Lifestyle will remain a subsidiary of China Resources Land, and its financial results will continue to be consolidated into the Group's financial statements.