AGILE GROUP (03383) announced that on 5 March 2026, a subsidiary named Yulin Xintao Eco Technology Co., Ltd. entered into a letter of intent (LOI) with Yulin Yihua Environmental Protection Technology Co., Ltd. The LOI outlines the Purchaser’s intention to acquire land, factory buildings, and other immovable properties, as well as equipment, pipelines, construction in progress, and other fixed assets in a cash transaction.
According to the announcement, the final terms of the transaction, including the transaction price, remain subject to negotiation and relevant approvals. The Purchaser and Seller may enter into a definitive agreement that will detail the specific structure of the disposal.
AGILE GROUP stated that if the disposal materializes, it could help optimize the Group’s long-term and short-term asset allocation, maximize asset efficiency, and improve cash flow, thereby mitigating debt risks. However, there is no assurance that the transaction will be completed, and no definitive agreement has been signed as of the date of the announcement.