Optimize asset structure Sunfly Intelligent Technology (300423.SZ) subsidiary intends to sell 100% equity of Shanghai Jiu Yi to Lekobang.

Sunfly Intelligent Technology (300423.SZ) announcement, the company's board of directors has approved its subsidiary Shenghui Holdings Co., Ltd. (referred to as "Shenghui Holdings") to sell 100% equity of Shanghai Jiuyi Investment Management Co., Ltd. (referred to as "Shanghai Jiuyi") held by the company's supplier Tianmen Lekobang Lighting Co., Ltd. (referred to as "Lekobang") for a transaction price of 133 million yuan. At the same time, Lekobang has agreed to repay a debt of 45.8231 million yuan on behalf of Shanghai Jiuyi to Shenghui Holdings. Shenghui Holdings and Lekobang signed the "Equity Transfer Agreement" on November 19, 2024. After the completion of this transaction, the company will no longer hold the equity of the target company. This sale is beneficial for optimizing the company's assets, improving its asset structure, and reducing the repayment pressure of the company's accounts payable.