Core Viewpoint - The company plans to sell 100% equity of Yizhen Film and Media Co., Ltd. to Xiamen Rongdeng Shengshi International Trade Co., Ltd. for 15 million yuan by December 31, 2025, due to uncertainties and risks associated with the film project it holds a stake in [1] Group 1 - The target company holds a 10% stake in a film project tentatively titled "Yinggelisi," which is a commercial literary film [1] - The company acquired the entire issued share capital of the target company in 2022, investing 10% of the total investment and is entitled to share 10% of the film's profits [1] - The film has completed shooting and is in post-production, with expectations for approval from the Chinese government for release [1] Group 2 - As of the announcement date, there is no specific release schedule for the film, and the company's investment continues to face significant uncertainty and risk [1] - Given the circumstances and the presence of interested buyers, the board believes that selling the equity and using the proceeds for the group's working capital is in the company's best interest [1]
易和国际控股拟1500万元出售颐臻影视传媒有限公司100%股权