Dashi Intelligence: Termination of the People's Hospital PPP Project in Hongze District.

date
18/06/2025
Da Shi Intelligent Announcement: The company plans to terminate the PPP project for the construction of the Hongze District People's Hospital in a different location, and transfer its 69.7673% equity in Jiangsu Hongze Lake Da Shi Smart Medical Nursing Co., Ltd. to Jiangsu Hongze Lake Construction Investment Group Co., Ltd. for a price of 165 million yuan. At the same time, through debt restructuring, the company will recover 205 million yuan in debt from Da Shi in Hongze Lake, totaling 47.88 million yuan. This transaction is expected to have a total impact on the company's current profit of -309 million yuan, increase the company's cash by approximately 213 million yuan, decrease the company's liabilities by approximately 1.055 billion yuan, and release the company's bank guarantee obligations by approximately 817 million yuan. After the transaction is completed, Hongze Lake Da Shi will no longer be included in the company's consolidated financial statements.