---
title: "Behind the special dividend association | Tang Niu"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272477295.md"
description: "LIFESTYLE CHI (2136) announced that it will hold a board meeting on January 21 to consider distributing a special dividend to shareholders. The news triggered a nearly 40% surge in the stock price, with trading volume reaching a multi-year high. The company's total cash and deposits amount to approximately HKD 2.9 billion, double its market value, and the dividend outlook is optimistic. In addition, the group had proposed a privatization plan at the end of 2024, which was unsuccessful due to excessive opposition votes, and the current timing of the dividend has attracted market attention"
datetime: "2026-01-14T01:00:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272477295.md)
  - [en](https://longbridge.com/en/news/272477295.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272477295.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/272477295.md) | [繁體中文](https://longbridge.com/zh-HK/news/272477295.md)


# Behind the special dividend association | Tang Niu

LIFESTYLE CHI (2136) recently announced that it will hold a board meeting on January 21 (next Wednesday) to consider and approve the declaration and payment of a special dividend to shareholders. Following the news, LIFESTYLE CHI surged nearly 40% in a single day, with trading volume reaching 46 million shares, a new high in many years.

Looking at the interim results, the group has cash on hand of RMB 1.9 billion, along with structured deposits of RMB 500 million, totaling approximately HKD 2.9 billion, which is more than double the company's market value. The prospects for dividends are immense, making the surge in stock price quite natural.

## Privatization Proposal Can Be Revisited at the End of Next Month

Another point to note: the group previously proposed privatization at the end of 2024, with an initial offer price of HKD 0.913 per share, which was later raised to HKD 0.98. However, the proposal was ultimately withdrawn due to nearly 40% opposition votes. The group's NAV per share reached RMB 6.4, with a price-to-book ratio of only 0.12 times; the end of next month marks the one-year anniversary of the failed privatization, meaning the group can revisit the proposal. Distributing a special dividend at this critical moment has led to even more speculation.

**Tang Niu**

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