CIFI unit to sell entire stake in Ever Sunshine

Ever Sunshine Services Group Limited announced that its controlling shareholder, CIFI Holdings (Group) Co. Ltd., is proceeding with a significant share disposal. CIFI Holdings' wholly-owned subsidiary, Spectron Enterprises Limited, entered into a three-year prepaid call option transaction and a sale and swap transaction concerning 406,820,000 shares of Ever Sunshine with LMR Multi-Strategy Master Fund Limited.

Upon the transaction's effective date, Spectron will divest its entire shareholding, representing approximately 23.54% of Ever Sunshine's total issued share capital. This move will result in Ever Sunshine ceasing to be consolidated into CIFI Holdings' financial statements. The closing of the proposed transaction is subject to certain conditions.

The board does not anticipate any adverse effects on Ever Sunshine's business operations if the transaction materializes. Shareholders and potential investors are advised to exercise caution, as the prepaid call option transaction may not proceed, which would impact the sale and swap transaction. The announcement was made in Hong Kong on December 12, 2025.