Colour Life Services Group Co., Limited Announces Completion of Fantasia-Related Restructuring Agreement

Key Highlights of the Announcement

• Completion of Restructuring: The Company announced the completion of the restructuring agreement involving Fantasia Holdings Group Co., Limited, which resolves a dispute involving a significant portion of Colour Life’s issued shares.
• Major Share Transfer: As a result of the restructuring, the Purchaser has acquired approximately 21.97% of the issued shares of the Company.
• Transfer to TFISF-Designated Entity: Around 10.0% of the Company’s issued shares were transferred to an entity designated by TFISF as effective enforcement of a purported security.
• Fantasia’s Remaining Stake: Fantasia now retains about 9.98% of the Company’s issued shares, which are now free from any purported security or other claims.
• Change in Control: Colour Life Services Group Co., Limited has ceased to be a subsidiary of Fantasia Holdings Group Co., Limited.
• Majority Shareholder: Ms. Zeng Jie, Baby, continues to indirectly control approximately 59.99% of the Company’s issued shares through various entities, including the Purchaser, Fantasia, and Fantasy Pearl International Limited.
• Board Composition: The announcement also reaffirms the current composition of the Company’s board of directors.

Important Details for Shareholders and Potential Price-Sensitive Information

The completion of this restructuring agreement represents a significant shift in the shareholder structure of Colour Life Services Group. The transfer of nearly 32% of the issued shares (21.97% to the Purchaser and 10.0% to a TFISF-designated entity) could have material implications for the Company’s governance, strategic direction, and potential market valuation.

• Potential Impact on Share Price: The fact that Colour Life is no longer a subsidiary of Fantasia could be seen as a major corporate development, possibly affecting market sentiment, especially for investors who track parent-subsidiary relationships or control premiums.
• Resolution of Dispute: The settlement of the dispute and the removal of purported security claims on Fantasia’s remaining shares may reduce legal uncertainties and risks, which could be viewed positively by the market and existing shareholders.
• Ongoing Majority Control: Despite the restructuring, control remains consolidated under Ms. Zeng Jie, Baby, which may reassure investors about continued stability in the Company’s leadership.
• Further Information: For more comprehensive details about the restructuring, shareholders are encouraged to review the circular issued by Fantasia Holdings Group dated 24 February 2026.

Board of Directors

As of the date of the announcement, the board comprises:

• Mr. Liu Hongcai and Ms. Yang Lan as Executive Directors
• Mr. Zhu Jindong (Chairman), Mr. Timothy David Gildner, and Mr. Sha Feng as Non-Executive Directors
• Mr. Lee Yan Fai, Mr. Li Xinhua, and Ms. Yu Shan as Independent Non-Executive Directors

Conclusion

The completion of the restructuring agreement and the significant transfer of shares mark a new chapter for Colour Life Services Group. Investors should closely monitor upcoming disclosures and market reactions as the Company moves forward with its new shareholder composition and strategic outlook.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are encouraged to consult with professional advisors and review all official Company documents before making investment decisions. The information above is based on the latest public disclosure as of 13 March 2026 and may be subject to further updates.

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