Core Viewpoint - Shanghai Kaikai Industrial Co., Ltd. has publicly transferred 11.11% equity of Nanjing Tianshi Software Technology Co., Ltd. for a price of RMB 17.48 million, enhancing investment efficiency and focusing on core business operations [2][26]. Transaction Overview - The company approved the transfer of 11.11% equity of Nanjing Tianshi at a board meeting on August 1, 2025, with an asset valuation of RMB 157.27 million as of December 31, 2024 [4][26]. - The transfer price was set at RMB 1,747.31 million, corresponding to the assessed value of the equity [4][26]. Transaction Progress - The equity was publicly listed for transfer on December 5, 2025, with Nanjing Zhongheng Electric Co., Ltd. as the sole qualified buyer, agreeing to a transaction price of RMB 17.48 million [5][26]. - The transaction does not constitute a related party transaction or a major asset restructuring [6][26]. Buyer Information - Nanjing Zhongheng Electric Co., Ltd. was established on December 10, 2009, with a registered capital of RMB 4.3 million [6][7]. - The company has a good credit standing and is capable of fulfilling the transaction obligations [9]. Contractual Details - The contract stipulates that the transaction price is RMB 17.48 million, with a one-time payment structure [13][15]. - The transfer of rights is to be completed within 30 working days post-contract signing [18][26]. Impact on Company - The transfer of equity will improve investment efficiency, reduce investment risks, and optimize the investment structure, without adversely affecting the company's future financial status [26]. - Post-transaction, the company will no longer hold equity in Nanjing Tianshi, allowing it to focus on its core business and implement a strategic transformation towards the "big health" industry [26].
上海开开实业股份有限公司关于转让南京天石软件技术有限公司11.11%股权的进展公告