Yibin Paper: Jinzhu New Materials plans to purchase Push Lian Dong industrial land and buildings for 125 million yuan

Yibin Paper announced that its holding subsidiary Sichuan Jinzhu New Materials Co., Ltd. plans to use its own funds of 125 million yuan to purchase industrial land and buildings, as well as ancillary facilities from the related party Yibin Push Lian Dong Technology Co., Ltd. This transaction constitutes a related party transaction. The company's audited total assets for 2024 are 3.369 billion yuan, and it does not constitute a major asset restructuring. This transaction has been approved by the company's board of directors and is subject to approval by the shareholders' meeting. The book value of the target assets is 35.7584 million yuan, and the assessed value is 125 million yuan, with an appreciation rate of 249.54%. The transaction price will be based on the assessed value filed with the competent authority