Min Xin plans sale of microcredit subsidiary via public tender with initial bid price of RMB 27.47 million

• Min Xin Holdings plans to sell its entire stake in Sanming Sanyuan District Minxin Micro Credit through a public tender.
• The initial bid price is approximately RMB 27.47 million, subject to a potential 10% reduction if no eligible bidders emerge.
• Bidding opens October 20, 2026, for 20 business days, with possible extensions through January 19, 2027.
• At the initial price, the estimated disposal gain is RMB 12.41 million; net proceeds of RMB 27.39 million would fund working capital.
• The target ceased lending in 2016; increasingly difficult impaired-loan recoveries prompted the planned exit to focus on new investment opportunities.

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. Min Xin Holdings Limited 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-20261020-12376391), on October 20, 2026, and is solely responsible for the information contained therein.