LINK HOLDINGS (08237) Signs Letter of Intent for Strategic Collaboration on Film-Themed Hotel Development in China

LINK HOLDINGS (08237) announced that on May 14, 2026, the company entered into a letter of intent with Xueguan International Film (Guangzhou) Co., Ltd. regarding a proposed strategic collaboration for the development of film-themed hotel projects in China. According to the letter of intent, Xueguan International intends to leverage the company's strengths in hotel investment and management, combined with its own expertise in film production and intellectual property (IP) operation, for both parties to jointly explore the proposed collaboration. The proposed project is expected to focus on developing low-density, immersive film-themed resort villas and related supporting facilities, integrating film IP elements with hospitality and tourism. Under the letter of intent, the company plans to provide advisory services for the proposed project, including hotel investment feasibility studies, hotel management model design, operational optimization, and risk management, while Xueguan International intends to provide film-related resources, including IP content, production support, and immersive experience design. Both parties further plan to explore the possibility of the company participating as an investor in the proposed project at a later stage, potentially through equity investment and/or the establishment of a joint venture, subject to satisfactory due diligence results, further negotiation of commercial terms, and the execution of formal agreements. The board of directors believes that the proposed collaboration presents an opportunity for the group to expand its business into an area with the potential to integrate film IP with immersive experiences. The board is confident that, if implemented, the proposed collaboration could leverage synergies between the group's hotel management expertise and Xueguan International's film resources, and could broaden the group's revenue streams. The company believes that the proposed collaboration also aligns with the group's long-term development goals and business development strategy, and is in the overall interests of the company and its shareholders.