CITIC Guoan Information Industry (000839.SZ) Subsidiary Shijingcheng Intends to List and Transfer Some Assets in Shanghai.

CITIC Guoan Information Industry (000839.SZ) announced that its wholly-owned subsidiary, Vision Jingcheng Communication (Shanghai) Co., Ltd. (referred to as "Vision Jingcheng"), plans to transfer 6 properties and underground parking spaces located in Hua Xia Bank Building in Shanghai through public listing. Vision Jingcheng intends to publicly list the target assets with a minimum listing price of no less than 18.1698 million RMB at Shanghai United Property Rights Exchange, and may adjust the price by up to 10% according to market conditions. If the assets still cannot be sold and the plan to continue the sale remains, relevant approval procedures will be re-implemented.