• LVJI Technology agreed on August 5, 2026, to sell non-performing debts to Ning'ao Xincheng for RMB 85 million in cash.
• The debts cover three tourism businesses; the sale is expected to generate a book gain of approximately RMB 39.72 million.
• Completion requires shareholder approval, with a vote scheduled for November 19, 2026.
• The disposal will reduce recovery risks as the group refocuses on online tour guides, putting tourist-attraction management expansion on hold.
• Proceeds will fund RMB 50 million in online tour guide expansion and upgrades, with RMB 35 million allocated to working capital.

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. LVJI Technology Holdings Inc. 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-20261029-12388683), on October 29, 2026, and is solely responsible for the information contained therein.