Teamsun(SH:600410) Shang Hai Zheng Quan Bao·2026-01-09 19:53Core Viewpoint - Beijing Huasheng Tiancheng Technology Co., Ltd. announces the sale of equity in its associate company i-Sprint Holdings Limited, which is expected to impact the company's net profit positively by approximately $13.49 million [2][13]. Group 1: Transaction Overview - The company's subsidiary Automated Systems Holdings Limited (ASL) holds approximately 35.42% of i-Sprint Holdings Limited (ISH) [2][6]. - ISH plans to sell equity in three subsidiaries for a total transaction amount of approximately $87,942,250 [2][6]. - The expected impact on the company's net profit from this transaction is about $13.49 million, subject to final audited financial report data [2][6][13]. Group 2: Guarantee Details - Shareholders of ISH will provide guarantees for potential claims related to the transaction, with a total guarantee amount capped at $87,942,250 [3][9]. - The company's subsidiary ASS is expected to bear a guarantee amount not exceeding $34,474,505, which represents approximately 39.20% of the total guarantee [3][9]. - Other shareholders, Great Ally and Hu Lian Kui, will provide guarantees of 31.44% and 29.36% respectively [7][9]. Group 3: Board Approval and Compliance - The board of directors approved the transaction and guarantee at a meeting on January 8, 2026, confirming that it does not involve related party transactions and does not require shareholder approval [4][12]. - The board believes that the guarantee is necessary to ensure the smooth progress of the transaction and that the associated risks are manageable [12]. Group 4: Financial Impact and Future Monitoring - The transaction is expected to optimize the company's asset structure and improve operational efficiency [13]. - The company will closely monitor the transaction's progress and adhere to relevant disclosure obligations as per regulatory requirements [13].