HST(SH:600817) Shang Hai Zheng Quan Bao·2025-09-18 20:23Summary of Key Points Core Viewpoint - The company has signed a supplementary agreement regarding the transfer of equity in its subsidiary, aiming to optimize asset structure and ensure stable operations during the transition of control over Zhengzhou Lvyuan Catering Waste Treatment Co., Ltd [2][3]. Group 1: Overview of the Equity Transfer - The company’s wholly-owned subsidiary, Zhengzhou Yutong Environmental Technology Co., Ltd, will transfer 51% of its equity in Zhengzhou Lvyuan for a price of 69.9264 million yuan to Shandong Shifang Environmental Energy Group Co., Ltd [2]. - The transfer is subject to approval from the Zhengzhou Urban Management Bureau, and the agreement will take effect upon this approval [2][3]. Group 2: Supplementary Agreement Details - The supplementary agreement stipulates that if there are adjustments to the service fee standards for catering waste treatment from 2025 to 2027, the equity transfer price will be adjusted accordingly [4][8]. - The adjustment formula is based on the impact of the fee changes on the company's taxable income, with a coefficient of 0.36 applied to the changes in revenue [5][8]. - The maximum adjustment amount for the equity transfer price is capped at 7.5 million yuan [8]. Group 3: Impact on the Company - The signing of the supplementary agreement is expected to facilitate a smooth transition in control and support the development of Zhengzhou Lvyuan, ensuring stable operations [9]. - The agreement does not significantly impact the company's normal production and operational activities, nor does it harm the interests of the company and its shareholders [9].