Youhao Group plans to transfer 100% equity of its subsidiary Huajun Real Estate

Youhao Group plans to sign a framework agreement for the transfer of equity with HeRui Commercial Investment Group, transferring 100% equity of its wholly-owned subsidiary Huajun Real Estate. The equity transfer price will not be less than the net assets of the target company and the total amount of the company's long-term investment in it, with the specific price to be determined after an audit assessment. This transaction is a debt-assumed transaction, and HeRui Commercial will assume the debts of the target company. This move will help optimize resource allocation, enhance cash flow, focus on the main business, promote the development of commercial retail business, and return value to shareholders