Ge Long Hui·2025-09-26 08:27Core Viewpoint - Zhejiang University NetNew Technology Co., Ltd. plans to sell 48.6 million shares of Zhejiang Wanliyang Co., Ltd. stock acquired in 2020, with an estimated transaction amount of 474.82 million yuan based on the stock price before September 26, 2025 [1] Summary by Relevant Sections - Proposed Transaction The company intends to sell 48.6 million shares of Zhejiang Wanliyang, with an expected transaction value of 474.82 million yuan, calculated based on the closing stock price prior to September 26, 2025 [1] - Cost Basis The book cost of the shares is 41.0184 million yuan, indicating a potential gain from the sale [1] - Authorization Period The authorization for this transaction is valid for 12 months from the date the board approves the proposal [1] - Transaction Classification This transaction does not constitute a related party transaction or a major asset restructuring. If the amount involved reaches the threshold for shareholder meeting review, a separate meeting will be convened [1]