Leyard(SZ:300296) Ge Long Hui A P P·2025-11-20 08:23Core Viewpoint - Liard has merged its two business segments, cultural tourism and night economy, into a single segment called "Cultural Tourism Night Economy" to better align with its development strategy and maximize synergies between the two segments [1] Group 1: Business Restructuring - The company plans to transfer 100% equity of Liard Smart Technology Group Co., Ltd. to its wholly-owned subsidiary, Guangzhou Lifeng Cultural Technology Co., Ltd., through a non-compensatory transfer [1] - After the transfer, Lifeng Cultural will hold 100% equity of Liard Smart Technology, while the company will remain the actual controller of Liard Smart Technology [1] - This transaction is an internal equity structure adjustment, and the company's consolidated financial statement scope will not change [1] Group 2: Strategic Objectives - The restructuring aims to optimize the group's operational management model and improve the operational efficiency of its subsidiaries [1] - The board of directors has authorized the management team to organize and handle the relevant matters related to this equity restructuring [1]