GZYJPCO announced that the company intends to transfer its 22.131% equity stake in Guizhou Xiniuwang Printing Co., Ltd. to Guizhou Zhongxinhe Commercial Management Co., Ltd. for a transfer price of 55.236 million yuan. This transaction has been approved by the eighth meeting of the sixth board of directors and does not require submission to the shareholders' meeting for approval. The transaction is subject to both parties completing the equity and payment delivery before it can be officially completed, and there is uncertainty regarding the final successful implementation. This transaction is beneficial for integrating and optimizing the company's asset structure, improving asset liquidity and utilization efficiency, increasing operating funds, and enhancing cash flow. After the transaction is completed, Zhongxinhe will hold 52.131% of the equity in Xiniuwang
