Shanghai Phoenix: Third Listing for Transfer of Idle Properties

Beijing Business Daily (Reporter Zhang Junhua) February 25 — Shanghai Phoenix announced that the current listing involves the remaining one property after the previous two listings. The initial listing price was 7.7 million yuan, the second listing price was 6.95 million yuan, and the third listing price was 6.95 million yuan. The final transaction amount will be based on the actual transaction price. This listing is for information disclosure only and does not constitute a final transaction. The counterparties have not been determined, no formal transaction contract has been signed, and there are no clear performance arrangements.