002291SZSE

Announcement on the Progress of Listing and Transfer of Wholly-Owned Subsidiary Equity

✨ AI Summary

Guangdong Yaojie Technology Group Co., Ltd. announces the progress of transferring its wholly-owned subsidiary, Foshan Saturday Shoes Co., Ltd. After the initial bidder defaulted, the second-ranked bidder, Zhejiang Zhan Chuan Brand Management Co., Ltd., signed the equity transfer agreement. The transaction is valued at RMB 452.6459 million and is expected to positively impact the company's 2026 profit.

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Securities Code: 002291 Securities Abbreviation: Yaojie Technology Announcement Number: 2026-012 Guangdong Yaojie Technology Group Co., Ltd. Announcement on the Progress of Listing and Transfer of Wholly-Owned Subsidiary Equity The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, without false records, misleading statements, or material omissions.

I. Overview of the Transaction Guangdong Yaojie Technology Group Co., Ltd. (hereinafter referred to as the "Company") held the 11th meeting of the Sixth Board of Directors on December 2, 2025, and reviewed and approved the "Proposal on Listing and Transfer of 100% Equity of Foshan Saturday Shoes Co., Ltd." The Company agreed to list and transfer 100% of the equity it holds in Foshan Saturday Shoes Co., Ltd. (hereinafter referred to as "Saturday Shoes" or the "Target Company"). For details, please refer to the "Announcement on Listing and Transfer of 100% Equity of Foshan Saturday Shoes Co., Ltd." (Announcement Number: 2025-099) disclosed by the Company on December 3, 2025. On December 18, 2025, the above matter was approved by the Company's Fifth Extraordinary General Meeting of Shareholders in 2025.

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