SDIC Intelligence Xiamen Information (300188.SZ) intends to transfer 11.18% equity of Stanway in Xiamen

SDIC Intelligence Xiamen Information (300188.SZ) announced that on April 11, 2024, the company held the 25th meeting of the fifth board of directors and approved the "Proposal to authorize the management to sell all the shares of Stanway in which the company holds equity." The board authorized the management to, within 12 months from the date of board approval, find a qualified buyer for the company's 11.18% stake in Xiamen Stanway Scientific Instrument Co., Ltd. (referred to as "Xiamen Stanway"), with a total of 3.1 million shares, at a price not lower than the evaluation result completed by the state-owned asset management unit. The evaluation value of Xiamen Stanway's total equity is 70.02 million yuan, and the company's shareholding is 11.18%. According to the repurchase agreement signed at the time of purchasing the equity, the value of the 5.19% stake subject to repurchase obligation and interest totals 10.9762 million yuan, and the value of the 5.99% stake not subject to repurchase obligation is 4.1948 million yuan, with a total transfer price of 15.171 million yuan. A buyer, Xiamen Stanway Scientific Instrument Co., Ltd., was found through the public listing on the Shanghai United Equity Trading Exchange to acquire the 11.18% equity of Xiamen Stanway for a transaction price of 7.829 million yuan. The company received a notice of "Transaction Deposit Payment and Transaction Arrangement" from the Shanghai United Equity Trading Exchange, confirming that the qualified intended buyer for this transaction is Xiamen Stanway. Regarding the difference of 7.342 million yuan between the transfer price of 15.171 million yuan and the listing price of 7.829 million yuan, the repurchase obligation persons specified in the "Repurchase Agreement," Tang Xinhua and Guo Xiaohua, are responsible, with joint liability of Xiamen Stanway. The company, along with the three parties, signed a new "Repurchase Agreement" agreeing to repay the difference of 7.342 million yuan in two years, with a funds occupation fee calculated at the 1-year LPR. After this transaction is completed, the company will no longer hold any equity in Xiamen Stanway, and there will be no change in the company's consolidated financial statements.