一、基本情况 老凤祥股份有限公司（以下简称"公司"）于2025年1月17日召开第十一届董事会第十四次（临时）会议 和第十一届监事会第十四次（临时）会议，会议审议通过了《关于拟将全资子公司中国第一铅笔有限公 司持有的上海老凤祥有限公司20.50%股权划转至公司的议案》，将下属全资子公司中国第一铅笔有限 公司（以下简称"第一铅笔"）持有的上海老凤祥有限公司（以下简称"老凤祥有限"）20.50%股权内部无 偿划转至公司。上述股权划转后，第一铅笔不再持有老凤祥有限股权，公司对老凤祥有限的直接持股比 例由57.51%变更为78.01%，上述股权划转前后公司对老凤祥有限的持股比例保持不变，仍为78.01%。 公司董事会授权公司管理层根据董事会决议决定和实施本次股权划转有关具体事项。 根据《上海证券交易所股票上市规则》《公司章程》等规定，上述股权划转事项在公司董事会决策权限 内，无需提交公司股东大会审议。具体内容详见公司于2025年1月18日在上海证券交易所网站 （www.sse.com.cn）披露的《老凤祥股份有限公司下属子公司股权内部划转至母公司的公告》，公告编 号：2025-004。 二、本次进展情况 2025年11 ...

Core Viewpoint - Xiamen King Long United Automotive Industry Co., Ltd. plans to transfer 63.0757% equity of Suzhou King Long to the company level for internal resource integration, which does not involve cash payment and will not change the scope of the company's consolidated financial statements [1][5][16]. Group 1: Overview of the Equity Transfer - The equity transfer aims to optimize the management structure and improve management efficiency [5]. - The transfer has been approved by the company's board and does not constitute a related party transaction or a major asset restructuring [5][16]. - The transfer is an internal, non-compensatory transfer and will not affect the company's consolidated financial reporting [5][16]. Group 2: Basic Information of the Companies Involved - The transferring entity, Xiamen King Long United Automotive Industry Co., Ltd., was established on December 3, 1988, with a registered capital of 928 million yuan [7]. - The target entity, Suzhou King Long, was established on December 31, 1998, with a registered capital of 755.41 million yuan [8]. Group 3: Details of the Equity Transfer - The equity transfer involves 63.0757% of Suzhou King Long's shares [9]. - The transfer will be executed as an internal, non-compensatory transfer [10]. - The shareholding structure before and after the transfer will change, with the company increasing its stake in Suzhou King Long from 2.1405% to 65.2162% [11]. Group 4: Impact on the Company - The equity transfer is necessary for internal restructuring, which will enhance resource allocation and improve operational efficiency [14]. - The transfer will not involve any transfer of debts or liabilities, and the rights and obligations of Suzhou King Long will remain unchanged [13]. - There will be no impact on employee placement, as the staff will remain with Suzhou King Long [13].