Gongjin Co., Ltd. announced that in order to focus on its core business, the company plans to transfer 100% of the shares of Wenyuan Communications, a wholly-owned subsidiary, and will be pre-listed on the Shenzhen Joint Stock Exchange. Currently, the counterparty, price, etc. are still uncertain. It is uncertain whether it constitutes a related transaction or major asset restructuring, and the financial impact on the company's current year cannot be determined. From January to March 2026, Wenyuan Communications had revenue of 3.2097 million yuan and a net loss of 1,527 million yuan. The sale, if completed, will optimize the company's asset structure. The matter is still subject to approval and consideration by the company's board of directors and shareholders' meeting.

Gongjin Co., Ltd. announced that in order to focus on its core business, the company plans to transfer 100% of the shares of Wenyuan Communications, a wholly-owned subsidiary, and will be pre-listed on the Shenzhen Joint Stock Exchange. Currently, the counterparty, price, etc. are still uncertain. It is uncertain whether it constitutes a related transaction or major asset restructuring, and the financial impact on the company's current year cannot be determined. From January to March 2026, Wenyuan Communications had revenue of 3.2097 million yuan and a net loss of 1,527 million yuan. The sale, if completed, will optimize the company's asset structure. The matter is still subject to approval and consideration by the company's board of directors and shareholders' meeting.