Zhongnan Red Culture Group is progressing with its major asset restructuring, involving the issuance of shares and payment of cash to acquire a 57.30% stake in Jiangyin Sulong Thermal Power Co., Ltd. The transaction is classified as a major asset restructuring and a connected transaction. Key work, including audits and valuations, is ongoing.
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Securities Code: 002445 Securities Abbreviation: Zhongnan Culture Announcement No.: 2026-036
Zhongnan Red Culture Group Co., Ltd.
Announcement on the Progress of Major Asset Restructuring
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
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