ZJOFHC: It is expected that the acquisition of Hangzhou United Bank shares will generate non-recurring income of approximately 130 million yuan

ZJOFHC announced that the company and its controlling shareholder, Zhejiang International Trade Group Co., Ltd., will acquire part of the shares of Hangzhou United Rural Commercial Bank Co., Ltd. through agreement transfer at a price of RMB 9.7 per share. The transaction amounts are RMB 147 million and RMB 27.0889 million, respectively. In addition, the Provincial International Trade Group will acquire 5.9319% of the shares of Hangzhou United Bank held by Fuxin Group at a price of RMB 9.7 per share, with a transaction amount of RMB 1.255 billion. It is expected that an extraordinary income of approximately RMB 130 million will be generated this year, with the specific amount subject to the annual audit data of the accounting firm. The company holds a total of 3.94% of the shares of Hangzhou United Bank