Lippo Huarun (00156) subsidiary plans to purchase commercial food manufacturing equipment

According to Zhitong Finance App, Lippo Huarun (00156) announced that on December 18, 2025, a wholly-owned subsidiary (buyer) of Auric Pacific Group Limited (an indirect non-wholly-owned subsidiary of the Company) entered into an equipment purchase agreement (equipment purchase agreement) with a commercial food manufacturing equipment manufacturer (seller). The seller agreed to sell and the buyer agreed to purchase a series of commercial food manufacturing equipment (such equipment) with the specifications specified in the equipment purchase agreement.

The total contract price will be settled by the buyer using its internal resources plus external financing obtained by the buyer. The delivery date for these devices is expected to be in the third quarter of 2026.

The buyer mainly produces and distributes bread, cakes and other bakery products in Malaysia and Singapore. It is considered that such equipment will be used in the Group's daily food processing and production, thereby improving the Group's production capacity and efficiency, and enabling the Group to expand its business. The acquisition of such equipment is expected to have a positive impact on the Group's performance. Therefore, the directors believe that the acquisition of such equipment will bring added value to the Group's existing business and be beneficial to the Company and its shareholders.