According to Zhitong Finance App, BFB HEALTH (00205) issued an announcement. On September 28, 2026, the company signed a share transfer agreement with the buyer. According to this, the company agreed to sell and the buyer agreed to buy the sales shares (equivalent to selling the entire issued share capital of the company Golden Gate Service Co., Ltd.) at a cost of HK$10,000.

Upon completion, the selling company will no longer be a subsidiary of the Company, and the Company will no longer hold any issued share capital of the selling company. As a result, the financial results of the sale company will no longer be consolidated in the Group's consolidated financial statements.

After considering the financial performance of the sale of the Group and reviewing its business and operating conditions, the Board considered it appropriate for the Group to proceed with the sale. The sale will enhance the Group's cash flow, enable the Group to improve its liquidity, and allow the Group to reallocate its resources to other existing opportunities.

The net proceeds from the sale will be used as the Group's general working capital.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.