Securities Code: 002419 Securities Abbreviation: Rainbow Department Store Announcement No.: 2026-026 Rainbow Department Store Co., Ltd. Announcement on the Intention to Sign an Asset Transfer Letter of Intent by a Subsidiary
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Special Notice:
- The intended asset transfer agreement between Xiamen Rainbow Department Store Co., Ltd. ("Xiamen Rainbow"), a subsidiary of Rainbow Department Store Co., Ltd. (the "Company"), and Ziguofusheng (Xiamen) Asset Management Co., Ltd. ("Ziguofusheng") is a letter of intent. This asset transfer is subject to approval procedures by the State-owned Assets Supervision and Administration Department and deliberation and approval by the Company's Board of Directors and shareholders' meeting. It will be formally conducted through public listing and online bidding on the property rights exchange. Xiamen Rainbow does not guarantee that Ziguofusheng will be the designated transferee.
- The transaction is currently in the letter of intent stage. The Company and Xiamen Rainbow are proceeding with asset appraisal, public listing, and transfer matters in accordance with relevant regulations. There is uncertainty regarding the finalization of the transaction. The Company will fulfill its decision-making procedures and information disclosure obligations in a timely manner based on the progress of this transaction. Investors are advised to make cautious decisions and be aware of investment risks.