Yeebo (International Holdings) Limited (259) announced the further disposal of 7.11 million shares of Nantong Jianghai (002484). The transaction represents 0.84% of Nantong Jianghai’s issued share capital, amounting to RMB213.75 million in total consideration at an average selling price of RMB30.07 per share, both figures excluding transaction costs.

Combined with the earlier disposal of 9.90 million shares, the aggregated disposals reached 17.01 million shares in total, representing 2.00% of Nantong Jianghai’s issued share capital during the period from 2 February 2026 to 2 March 2026. Following these transactions, Yeebo (International Holdings) Limited, via its subsidiary, maintains an 11.81% stake in Nantong Jianghai.

According to audited figures, for the year ended 31 December 2023, Nantong Jianghai posted a profit before taxation of RMB823.73 million and a profit after taxation of RMB710.45 million. For the year ended 31 December 2024, profit before taxation was RMB741.57 million, with after-tax profit at RMB660.34 million. As of 30 September 2025, Nantong Jianghai’s total assets reached RMB8.78 billion, net assets stood at RMB6.21 billion, and net assets attributable to shareholders were RMB6.14 billion.

The management of Yeebo (International Holdings) Limited stated that the disposal was executed at the prevailing market prices on the Shenzhen Stock Exchange. The series of disposals is considered a strategic move to realize part of the investment in Nantong Jianghai. Based on the total consideration of RMB213.75 million, the unaudited gain before taxation is estimated at HK$71.00 million. The proceeds are intended for bank loan repayments, general working capital, and further development of the group’s businesses.