Googoltech Co., Ltd. Announcement on Receiving Assets and Connected Transactions
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 significant omissions.
Key Information Highlights:
- Googoltech (Hong Kong) Co., Ltd. (hereinafter referred to as "Hong Kong Googoltech") plans to gift 100% of the equity of Googol Development Co., Ltd. held by Hong Kong Googoltech to Googoltech (International) Co., Ltd. (hereinafter referred to as "Googol International"), an indirect wholly-owned subsidiary of Googoltech Co., Ltd., for HKD 1.
- This transaction constitutes a connected transaction. Chairman Mr. Li Zexiang, Director Mr. Gao Bingqiang, and Director Ms. Zhou Ling will abstain from voting.
- According to the "GEM Stock Listing Rules of the Shenzhen Stock Exchange," this gift transaction does not require shareholder approval.
- According to the "Administrative Measures for Major Asset Restructuring of Listed Companies," this gift transaction does not constitute a major asset restructuring.
I. Basic Situation of New Connected Transactions