Link Holdings inks LOI with Xueguan International to explore film-themed resort venture in China

Link Holdings Limited (the “Company”; together with its subsidiaries, the “Group”) has signed a non-binding letter of intent (LOI) with Xueguan International Film Industry (Guangzhou) Co., Ltd. (“Xueguan International”) to assess a joint development of an immersive, film-themed hospitality project in mainland China, according to a voluntary disclosure dated 14 May 2026.

The contemplated project centres on low-density resort villas and ancillary tourism facilities that blend cinematic intellectual property (IP) with hospitality experiences. Under the LOI:

• Division of roles – Link Holdings would provide hotel-focused services such as investment feasibility studies, management-model design, operational optimisation and risk management, while Xueguan International would supply film IP, production resources and experience-design capabilities.

• Investment option – Subject to satisfactory due diligence and further negotiations, Link Holdings may take an equity stake or form a joint venture to co-develop the project.

• Exclusivity – For 12 months from the LOI date, neither party will engage with third parties on similar collaborations without the other’s written consent.

• Due diligence – Both parties have up to three months (commencing 14 days after the LOI date) to exchange information for project assessment.

• Legal status – Only the clauses on exclusivity, due diligence, confidentiality and governing law are binding; the broader cooperation remains subject to a definitive agreement.

Strategic rationale: The Board views the initiative as a means to extend the Group’s geographic footprint, fuse its hotel-management expertise with Xueguan International’s film assets, and diversify revenue streams in line with its long-term growth strategy.

No binding transaction documents have been executed beyond the LOI. The cooperation may or may not proceed, and further announcements will be made pursuant to GEM Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.