• South China Holdings agreed to sell two toy-related subsidiaries to a vehicle controlled by chairman Ng Hung Sang for HK$16 million.
• Deal forms part of a toy-business restructuring, shifting from OEM manufacturing to a trading model; Shenzhen manufacturing operations have been suspended since May 2026.
• Completion would remove the target group from consolidation; estimated gain of about HK$12.97 million based on net assets at June 30, 2026.
• Transaction needs independent shareholder approval; Ng and associates, who hold about 68.81%, must abstain from voting.

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. South China Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12302679), on August 27, 2026, and is solely responsible for the information contained therein.