Wanbangda announced that it originally planned to sell 87.55% of its shares in Heilongjiang Jingshenghua to Chen Ziqing for 284 million yuan, and the agreement was terminated due to the other party's personal reasons. Wang Piaoyang, the current controlling shareholder, plans to transfer the shares. The transaction will be paid in two installments, with a payment of 142 million yuan each before September 30 and December 31, 2026. The deal is subject to shareholders' approval. Furthermore, after the transaction is completed, the company's 12 million yuan guarantee for Heilongjiang Jingshenghua passively forms a related guarantee, and passively forms related financial support for its net debt of 254 million yuan.

Wanbangda announced that it originally planned to sell 87.55% of its shares in Heilongjiang Jingshenghua to Chen Ziqing for 284 million yuan, and the agreement was terminated due to the other party's personal reasons. Wang Piaoyang, the current controlling shareholder, plans to transfer the shares. The transaction will be paid in two installments, with a payment of 142 million yuan each before September 30 and December 31, 2026. The deal is subject to shareholders' approval. Furthermore, after the transaction is completed, the company's 12 million yuan guarantee for Heilongjiang Jingshenghua passively forms a related guarantee, and passively forms related financial support for its net debt of 254 million yuan.