Jinjiang Hotels: 24.67 million yuan transfer of all shares of Jinjiang Food.

The announcement by Jinjiang Hotel states that the company intends to sell its 100% equity stake in Jinjiang Foods, which it holds both directly and indirectly, to Jinjiang City Services for a consideration of 24.67 million yuan. This transaction constitutes a related party transaction. On August 17, 2026, the parties involved in the transaction have signed the "Equity Transfer Agreement," and the matter has been reviewed and approved by the company's board of directors, with related directors abstaining from the vote, and it does not require submission to the shareholders' meeting for consideration. The transaction price represents a premium of 143.00% over the book cost of the target, and the buyer is required to settle the full amount within five working days after the agreement takes effect,1300