Lifestyle chi (02136.HK) announced that its chairman, Liu Luanhong (the offeror), proposes to privatize the company through an agreement arrangement, with a price of 0.913 yuan per share, which is a premium of 21.73% compared to the last reported price before trading suspension, involving approximately 0.335 billion yuan. Upon effectiveness, the company will apply for the cancellation of its shares' listing status on the Stock Exchange. Currently, the offeror's concerted action outside the plan holds a total of 74.91% of the company's equity.

The company's shares have been applied to resume trading on Monday (the 9th).