An undisclosed buyer agreed to acquire Cinda International (Shanghai) Investment Consulting Co., Ltd. from Cinda International Holdings Limited (SEHK:111) on June 7, 2024. As part of another transaction, Cinda International Holdings Limited will also dispose Cinda International (Shanghai) Investment Consultant Limited. Upon completion of the potential disposals, Cinda International Holdings will cease to hold any equity interest in Cinda International Shanghai and Cinda Lingxian which in turn will cease to be subsidiaries of Cinda International Holdings.