YTG is planning to sell its shares in Northeast Securities, and the transaction is still in progress

On March 27, 2024, Jilin Yatai Co., Ltd. plans to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% of its shares to Changchun Jin Kong or its designated subsidiaries. This transaction constitutes a major asset restructuring. The company has disclosed progress multiple times since March 28, 2024. As of the announcement date on August 29, the company has been in continuous communication and negotiation with relevant parties regarding this major asset sale and is actively promoting due diligence and other work. However, this transaction is still in the planning stage, and the specific plan is pending verification and negotiation, requiring necessary decision-making and approval procedures, with related matters having uncertainties. The company will fulfill its information disclosure obligations in accordance with regulations and reminds investors to pay attention to risks