Yabang Corporation: Listing transfer of 100% equity of Yaran Leasing. The initial listing price is 71.87 million yuan.
Yabang Group announced that the company plans to publicly list and transfer the 100% equity of Yarun Housing Leasing Co., Ltd. in Lianyungang City held by the company through the Jiangsu Provincial Equity Exchange. The initial listing price for the transfer is 71.87 million yuan. According to the evaluation report issued by Jiangsu Zhongqi Huazhongtian Asset Appraisal Co., Ltd., as of June 30, 2025, the total equity value of Yarun Leasing is 71.87 million yuan. This transaction will be conducted through a public listing and the buyer has not yet been determined, therefore it does not currently constitute a related party transaction and is not expected to constitute a major asset restructuring as stipulated in the "Regulations on the Management of Major Asset Restructuring of Listed Companies." This transaction has been approved by the 7th Board of Directors of the company at its 15th meeting and does not require approval from the company's shareholders' meeting.
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