Zhuhai Zhongfu: Plans to transfer 100% equity of Nanning Chengyi, a wholly-owned subsidiary, to Suzhou Sifang, with a transfer price of RMB 13.927 million.

Zhuhai Zhongfu announces that the company intends to transfer 100% equity of its wholly-owned subsidiary Nanning Chengyi Packaging Co., Ltd. to Suzhou Industrial Park Sifang Vehicle Accessories Co., Ltd. The transfer price is RMB 13.927 million. The transaction counterpart, Suzhou Sifang, has no relationship with the company. This equity transfer does not constitute an associated transaction or a major asset reorganization under the “Administrative Measures for Major Asset Restructurings of Listed Companies.” The ownership of the transferred equity is clear, with no legal obstacles such as mortgages or judicial freezes. After the transaction is completed, the company will no longer hold any equity in Nanning Chengyi, and Nanning Chengyi will no longer be included in the company’s consolidated financial statements.