China Meheco Group (600056.SH): Chongqing Huayi Group plans to transfer 49% equity of Chongqing Yijian held by the company, and the company waives its right of first refusal.

China Meheco Group (600056.SH) announcement, the company has received a report on the letter from Chongqing Huayi Holding (Group) Co., Ltd. requesting the convening of an interim shareholders' meeting of Chongqing Medical Health Industry Co., Ltd. (referred to as "Chongqing Medical Health"). The company's joint venture company, Chongqing Medical Health Industry Co., Ltd., owned by Chongqing Huayi Holding (Group) Co., Ltd. (referred to as "Chongqing Huayi Group"), intends to transfer its 49% equity stake in Chongqing Medical Health through a non-public agreement to Chongqing Yufu Holdings Group Co., Ltd. (referred to as "Chongqing Yufu") at a price of 4.507 billion yuan. The company intends to waive the preemptive purchase right for the 49% equity stake in Chongqing Medical Health. According to the announcement, as of September 30, 2024, the unaudited total assets of Chongqing Medical Health amounted to 70.5 billion yuan, with a net assets total of 17.7 billion yuan; the cumulative operating income for January-September 2024 was 60.9 billion yuan, with a net profit of 400 million yuan. This waiver of the preemptive purchase right does not change the company's consolidated financial statements, nor will it result in a decrease in the company's ownership percentage of Chongqing Medical Health.