Zhuhai Zhongfu announced that on August 31, 2026, the board of directors of the company reviewed and passed the relevant bill and was able to sign an “Equity Transfer Framework Agreement” with Suzhou to transfer 100% of Hangzhou Zhongfu's shares in cash. The transaction is still in the planning stage and is expected to constitute a major asset sale. The transaction price is determined based on the evaluation results as an important reference.

Zhuhai Zhongfu announced that on August 31, 2026, the board of directors of the company reviewed and passed the relevant bill and was able to sign an “Equity Transfer Framework Agreement” with Suzhou to transfer 100% of Hangzhou Zhongfu's shares in cash. The transaction is still in the planning stage and is expected to constitute a major asset sale. The transaction price is determined based on the evaluation results as an important reference.