Gangyan Gaona: The termination of the matter of transferring 20% equity of the joint stock company for free.
Gangyan High Na announcement stated that the company has agreed to waive the right of first refusal to transfer the 20% equity of Gangyan Jingguang, a company in which it had a stake. The company recently received a notice from the transferor, Gangyan Investment, and in consideration of industrial layout and business development plans, Gangyan Investment and the transferee, Gangyan Guochuang, decided to terminate the equity transfer without compensation. This termination will not result in a change in the company's shareholding percentage, which remains at 20%, and the "Joint Action Agreement" remains valid. It is expected that this termination will not have a significant adverse impact on the company's operating and financial conditions in 2026.
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