Kingland Technology (000711.SZ) plans to transfer 77.7152% equity interest in Zhongke Dingshi and related creditor's rights by public online auction.

Kingland Technology (000711.SZ) announced that the company plans to sell its 77.7152% equity interest in Zhongke Dingshi Environmental Engineering Co., Ltd. ("Zhongke Dingshi") and related creditor's rights through a public online auction. To improve asset disposal efficiency and fully attract potential bidders, the company intends to set 50 million yuan as the starting price for the first auction. If the transaction is completed, the company (including its subsidiaries) will no longer hold any equity interest or creditor's rights in Zhongke Dingshi, and Zhongke Dingshi will no longer be included in the scope of the company's consolidated financial statements. If the target assets are sold at the first auction starting price of 50 million yuan, the company is expected to incur a disposal loss of 55.1786 million yuan on a consolidated basis (calculated based on financial data as of June 30, 2026).