000973SZSE
🚨 Material Event

Announcement on the Progress of Public Transfer of 51% Equity in Chengdu Dongsheng Packaging Materials Co., Ltd.

FSPG HI-TECH CO.,LTD.··4 pages

✨ AI Summary

Foshan Fosun Technology Group Co., Ltd. is transferring 51% of its subsidiary Chengdu Dongsheng Packaging Materials Co., Ltd. to Sichuan Yuanyuan Shanfu Technology Co., Ltd. for RMB 75.429 million. The transaction has been approved by the board and is expected to enhance the company's profitability and core competitiveness. Following the completion, Chengdu Dongsheng will no longer be included in the consolidated financial statements.

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Full Translation

AI Translation· azure_openai

Foshan Fosun Technology Group Co., Ltd. (hereinafter referred to as Fosun Technology or the Company) and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Overview of the Transaction

Foshan Fosun Technology Group Co., Ltd. is transferring 51% of its subsidiary Chengdu Dongsheng Packaging Materials Co., Ltd. (hereinafter referred to as Chengdu Dongsheng) through a public listing at the property rights trading center. The initial listing price is set at RMB 75.429 million, based on the assessed value of the 51% equity held by the Company. This transaction has been approved by the 37th meeting of the 11th Board of Directors.

II. Progress of the Transaction

From April 24, 2026, to May 25, 2026, the transaction was publicly listed on the Southern United Property Rights Trading Center, where a qualified potential buyer, Sichuan Yuanyuan Shanfu Technology Co., Ltd. (hereinafter referred to as Yuanyuan Shanfu), was identified. On June 3, 2026, the Company signed the Property Rights Transaction Contract with Yuanyuan Shanfu, transferring the equity at a price of RMB 75.429 million. After the transaction is completed, the Company will no longer hold the equity, and Chengdu Dongsheng will not be included in the Company's consolidated financial statements. This transaction does not constitute a related party transaction or a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."

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