Jihua Group: Plans to pre-list the transfer of 100% equity of its subsidiary
Jihua Group plans to pre-list the transfer of 100% equity and related debts of its wholly-owned subsidiary Changchun Jihua Investment Construction Co., Ltd. at the property rights exchange. As of August 31, 2025, the total assets of this subsidiary amount to 156 million yuan, total liabilities are 982 million yuan, owner's equity is -826 million yuan, and net profit is -8.2519 million yuan. The evaluation work is still ongoing, and the counterparty, transaction price, and payment method have not yet been determined