Suxin Joyful Life Services sells Suzhou Jinlin Apartment property for RMB 231 million via public tender

• Suxin Joyful Life Services agreed to sell Jinlin Apartment in Suzhou to Youchao Housing Rental (Suzhou) for RMB 231 million via public tender.
• Deal signed July 21, 2026. Buyer paid a RMB 69.3 million deposit. Remaining RMB 161.7 million due within five working days of effectiveness.
• Net proceeds expected at about RMB 228.5 million. VAT and surcharges estimated at about RMB 2.5 million.
• Transaction expected to book a loss of about RMB 2.3 million, mainly tied to the tax charge.
• Sale follows a sharp occupancy slump at the 2005-built asset, falling from about 60% in 2022 to about 5% in May 2026.

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. Suxin Joyful Life Services Co. Ltd. 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-20260811-12280677), on August 11, 2026, and is solely responsible for the information contained therein.