Group 1 - The company Shandong Guoxin (01697) announced the conditional sale of fund shares to Lushin Chuangtou and Shandong High-tech, with total consideration amounting to RMB 166 million and RMB 37.1588 million respectively, resulting in a total expected proceeds of RMB 204 million [1] - The net proceeds from the fund share transfer, after deducting relevant transaction costs and taxes, are expected to be approximately RMB 196 million, which will be used to supplement the company's operating capital and optimize financial and regulatory indicators [1] - The fund share transfer is part of the company's key stage of deepening reform and promoting business transformation, effectively converting existing equity assets into cash, thereby improving overall financial status and optimizing asset structure [1] Group 2 - Following the fund share transfer, the company will effectively complete the rectification requirements as mandated by the China Banking and Insurance Regulatory Commission, aligning its inherent asset investment direction with regulatory guidance [2] - The company will further focus on the development of its trust main business and accelerate its return to core operations [2]

Group 1: Share Buyback Announcement - The company plans to repurchase shares through centralized bidding, with a minimum of 30 million shares and a maximum of 33 million shares, using self-owned funds and a special loan for stock repurchase [1] - The total amount for the buyback is set between RMB 30 million and RMB 33 million, with a maximum repurchase price of RMB 11.5 per share, and the implementation period is within 12 months from the approval date [1] - As of July 31, 2025, the company has repurchased 22,100,110 shares, accounting for 5% of the total share capital, with a total transaction amount of approximately RMB 241.48 million [2][3] Group 2: Fund Share Transfer - The company participated in the establishment of a private fund with a total subscription amount of RMB 1.2 billion, contributing RMB 300 million, which is 25% of the total fund size [9] - The company has signed agreements to transfer a total of 5% of its unfulfilled capital contribution in the fund to two parties, with no cash consideration involved [10] - The transfer does not constitute a related party transaction or a major asset restructuring as per relevant regulations [10]

Core Viewpoint - The company plans to transfer a 10% partnership interest in the Anhui New Infrastructure Fund to Bengbu Deshi Venture Capital Co., Ltd. for a price of 40 million yuan, after which the company will no longer hold any partnership interest in the fund [1] Group 1 - The transfer of the 10% partnership interest is based on the company's investment strategy and future development plans [1] - The transaction is not classified as a related party transaction and does not constitute a major asset restructuring, thus it does not require approval from the board of directors or shareholders [1]

Group 1 - The meeting on May 7 involved discussions between Shanghai Trading Group and China Chengtong Asset Management regarding collaboration in revitalizing state-owned assets and other business areas [1] - Key topics included the exit strategies for "two non" and "two assets," fund share transfers, and investment mergers and acquisitions [1]