证券代码：002870 证券简称：香山股份 公告编号：2025-077

Core Viewpoint - The company is proceeding with the public transfer of 100% equity of its wholly-owned subsidiary, Guangdong Xiangshan Electronic Technology Co., Ltd., with an adjusted starting price of RMB 36 million, reflecting a 10% decrease from the previous price of RMB 40 million [1][2]. Group 1: Company Actions - The company held its 8th meeting of the 7th Board of Directors on October 17, 2025, and the second extraordinary shareholders' meeting on November 3, 2025, to approve the public transfer of its subsidiary's equity [1]. - The initial public offering period for the equity transfer was from November 5 to November 13, 2025, with a starting price of RMB 40 million [1]. - Due to a lack of qualified interested buyers during the initial offering period, the company has decided to lower the starting price to RMB 36 million for the next public offering period, which will run from November 17 to November 21, 2025 [2]. Group 2: Financial Implications - The success of the second public offering remains uncertain, and the final buyer and transaction price are still to be determined, which will impact the company's financial status and operational results [3]. - The company will adhere to relevant accounting standards for financial reporting based on the outcome of the public offering [3].