ST Jin Hong: Terminate the sale of the comprehensive office building.

date
18/07/2025
ST Jin Hong Announcement: The company's wholly-owned subsidiary, Zhongyou Jinhong East China Investment Management Co., Ltd., signed a "office building sale and purchase contract" with Tai'an Chuanggu Advertising Media Co., Ltd. in May 2024, intending to transfer its comprehensive office building to the latter for 45 million yuan. However, due to the transferee's request for withdrawal from the transaction and not pursuing the default liability for late delivery, it has been decided to terminate the transaction. The termination of this transaction will not have a significant impact on the company's profit and loss, and will not have a major adverse impact on the company's production and operation.