According to Zhitong Finance App, Lvbo Ecology (01253) and Greenland Financial Overseas Investment Group Co., Ltd. jointly announced that they have signed a share exchange agreement aimed at (among others) reducing the company's overall offshore debt level by about 52%.

As of May 31, 2026, the Group owed approximately HK$155 million in outstanding debt (including accrued interest) to Greenland Finance. On September 21, 2026 (after the trading period), the Company entered into a share exchange agreement with Dat Xanh Financial. The Company agreed to allocate and issue 595 million shares to Dat Xanh Financial at an issue price of HK$0.26 per share to settle the outstanding debts in full. As of the date of this joint announcement, the Company had no other debts or liabilities to Greenland or any of its subsidiaries except for outstanding debts and about RMB 81 million of interest-free financial assistance (no fixed repayment plan to support the Company's general working capital) provided by Greenland.

The 595 million shares exchanged were equivalent to approximately 98.51% of the total number of shares issued by the Company at the date of this joint announcement; and approximately 49.62% of the total number of issued shares expanded by the Company after allocating and issuing the exchanged shares.

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