Baoding Technology (002552.SZ): Yantai State-owned Assets Supervision and Administration Commission will transfer 100% of the equity of Jindu Guotou to Zhaojin Group.

Baoding Technology (002552.SZ) announced that, in accordance with the relevant arrangements for the optimization and integration of state-owned enterprises in Zhaoyuan City by the Zhaoyuan municipal party committee and government, as well as the "Equity Transfer Agreement of Shandong Jindu State-owned Capital Investment Group Co., Ltd.," the Zhaoyuan State-owned Assets Supervision and Administration Commission will transfer its 100% equity in Jindu Guotou to Zhaojin Group. Before this acquisition, Zhaojin Group directly held 1.23% of the company's shares and indirectly held 6.88% of the company's shares through its subsidiary Zhaojin Nonferrous Mining Co., Ltd. Jindu Guotou held 116 million shares of the company (accounting for 29.91% of the total share capital), with Jindu Guotou being the direct controlling shareholder of the company and the actual controller being the Zhaoyuan municipal government. This acquisition allows Zhaojin Group to obtain 100% equity in Jindu Guotou through the transfer of state-owned shares. After the completion of this acquisition, Zhaojin Group will continue to directly hold 1.23% of the company's shares and indirectly hold 6.88% of the company's shares through its subsidiary Zhaojin Nonferrous Mining Co., Ltd. In addition, Jindu Guotou will indirectly hold 116 million shares of the company (accounting for 29.91% of the total share capital), with Jindu Guotou remaining the direct controlling shareholder of the company and the actual controller being the Zhaoyuan municipal government.