JWHK: Plans to sell equity in wholly-owned subsidiary

JWHK announced that the company plans to sell 100% equity of its wholly-owned subsidiary Changsha Yushun, with the buyer being Huanuo Xingkong. The transaction price is 112 million yuan. Within ten working days after the equity transfer payment is fully settled, Changsha Yushun will pay 27.9632 million yuan to Xinhui Kai, meaning Huanuo Xingkong will pay a total of 140 million yuan to the company and Xinhui Kai. After the transaction is completed, Changsha Yushun will no longer be included in the company's consolidated financial statements