Core Viewpoint - Guangzhou Lingnan Group Holdings Co., Ltd. is taking strategic steps to optimize its asset structure and enhance its core business through various financial maneuvers and partnerships [1][2][4]. Group 1: Equity Transfer - The company has approved the public transfer of a 3.92% stake in Guangzhou World Grand View Co., Ltd. with a starting price of 23.6576 million yuan, based on an asset valuation report [1]. - The transfer will be conducted through the Guangdong United Property Rights Exchange Center, with a maximum listing period of 12 months [1]. Group 2: Credit Facilities - The company's subsidiary, Guangzhou Guangzhilv International Travel Agency Co., Ltd., is authorized to apply for a credit facility of 100 million yuan from the Industrial and Commercial Bank of China [2]. - Additionally, a fully-owned subsidiary, Guangzhou Guangzhilv Air Service Co., Ltd., will seek a credit facility of 20 million yuan from China Everbright Bank for issuing bank guarantees [2]. Group 3: Property Leasing - The company plans to lease property from its Eastern Hotel branch to Guangzhou Guangbai Exhibition and Trade Co., Ltd. for a total rental fee of approximately 78.99 million yuan, which includes a rental amount of about 63.19 million yuan [2][3]. Group 4: Hotel Management Partnership - The company’s wholly-owned subsidiary, Guangzhou Lingnan Hotel Property Management Co., Ltd., will engage in a cooperative management agreement with Guangzhou Travel Industry Co., Ltd. to manage seven hotels, with a management period from July 1, 2025, to June 30, 2035 [4]. - The total basic service fee for this management agreement is estimated to be around 122.66 million yuan over the duration of the contract [4]. Group 5: Shareholder Meeting - The company has resolved to convene its second extraordinary general meeting of 2025 to discuss the aforementioned proposals [5].

Core Viewpoint - The transaction aims to enhance the core competitiveness of the company by concentrating resources and supporting the green farming and digital upgrade of Feiduoduo [1] Group 1: Transaction Details - Xinjiang Yitai Fu Animal Husbandry Co., Ltd. plans to increase its investment in Xinjiang Feiduoduo Organic Ranch Co., Ltd. by 1.8 million yuan [1] - After the completion of the transaction, the company's shareholding in Feiduoduo will decrease from 99% to approximately 9.9% [1] - Yitai Fu will hold 90% of Feiduoduo's equity, and the company will no longer consolidate Feiduoduo's financial statements [1] Group 2: Strategic Intent - The transaction is intended to focus resources on strengthening the company's main business competitiveness [1] - The support for Feiduoduo's green farming and digital upgrade is a key aspect of the strategic intent behind the transaction [1] Group 3: Approval Process - The transaction is subject to approval by the company's shareholders' meeting [1]