Xiamen ITG Group Corp., Ltd. (600755.SH) plans to transfer 81% of the equity of Guojin Company to its controlling shareholder, focusing on the core business of supply chain management.

Xiamen ITG Group Corp., Ltd. (600755.SH) announced that the company will transfer 81% equity of Xiamen ITG Group Corp., Ltd. Financial Center Development Co., Ltd. (referred to as "Guojin Company") to the controlling shareholder Xiamen ITG Group Corp., Ltd. Controlling Group Co., Ltd. (referred to as "Guomao Holdings"). The company hired Xiamen Yin Xing Asset Evaluation Land Real Estate Evaluation Co., Ltd. (referred to as "Yin Xing Evaluation") to conduct an asset evaluation of Guojin Company. Based on the valuation report entitled "Valuation Report of 81% Equity Value of Xiamen ITG Group Corp., Ltd. Financial Center Development Co., Ltd. Involved in Xiamen ITG Group Corp., Ltd. Controlling Group Co., Ltd.'s Proposed Equity Acquisition" issued by Yin Xing Evaluation, the evaluated value of 81% equity of Guojin Company is 1.44 billion yuan. The above-mentioned valuation report and evaluation results have been approved by the State-owned Assets Supervision and Administration Commission of Xiamen Municipal People's Government (referred to as "Xiamen State-owned Assets Commission"). According to the company's strategic development plan, the company focuses on the core business of supply chain management and expands into the emerging business of health technology. Through this transaction, the company further advances the exit of non-core business assets, implements strategic development requirements, concentrates resources on the transformation and upgrading of the core supply chain business, consolidates and enhances its advantageous position in the first echelon of the supply chain industry. At the same time, this transaction is beneficial for the company to further optimize its asset structure, enhance operational efficiency, improve sustained profitability, and strengthen risk resistance capabilities.