Core Viewpoint - The company, Guangdong Jinlong Development Co., Ltd., is undergoing a significant asset restructuring by publicly transferring 30 million shares of Dongguan Securities, representing 20% of the total equity, through the Shanghai United Assets and Equity Exchange [4][5][9]. Group 1: Transaction Overview - The transaction involves the sale of 30 million shares of Dongguan Securities, with the company retaining an equal amount post-transaction [5][6]. - The total transaction price is set at 227,175.42 million RMB, based on an evaluation report that indicates a 24.98% appreciation in the asset value [6][7]. - The transaction counterparties are Dongguan Financial Holdings Group Co., Ltd. and Dongguan Development Holdings Co., Ltd., with the former acquiring 19,350 million shares (12.9%) and the latter acquiring 10,650 million shares (7.1%) [5][6]. Group 2: Financial Assessment - The total assessed value of Dongguan Securities' equity is 1,138,988.63 million RMB as of December 31, 2023, with a calculated appreciation rate of 24.98% [6][8]. - The reference price for the public listing was determined after considering the market evaluation, cash dividends, and the company's long-term investment accounting [6][7]. Group 3: Regulatory Compliance - The transaction has been approved through necessary decision-making processes, including meetings of the board and supervisory committee, ensuring compliance with relevant laws and regulations [9][10]. - The transaction does not constitute a related party transaction, as the counterparties are not affiliated with the company [9]. - The transaction does not lead to a change in the company's actual control, maintaining the current shareholder structure [9]. Group 4: Implementation Status - As of the report date, the counterparties have fulfilled their payment obligations, and the transfer of shares has been completed [10][11]. - The company has not experienced any significant changes in its management structure during the transaction process [11][12]. - There have been no instances of asset or fund occupation by actual controllers or related parties during the transaction [12][13]. Group 5: Legal and Advisory Opinions - The independent financial advisor has confirmed that the transaction has adhered to all required legal and regulatory frameworks [13][14]. - The legal advisor has also verified that the transaction meets all statutory conditions and that there are no compliance risks associated with the subsequent matters [14][15].

Core Viewpoint - Guangdong Jinlong Development Co., Ltd. is undergoing a significant asset sale involving the transfer of 30 million shares of Dongguan Securities, representing 20% of the total share capital of Dongguan Securities, through a public listing on the Shanghai United Assets and Equity Exchange [4][5][10]. Group 1: Transaction Overview - The transaction involves the sale of 30 million shares of Dongguan Securities, with the company retaining an equal amount post-transaction [4][5]. - The total transaction price is set at 227,175.42 million RMB, with the payment structured in two installments [8][11]. - The transaction is classified as a major asset restructuring under relevant regulations, meeting the criteria for significant asset sales [10][11]. Group 2: Financial Assessment - The valuation of Dongguan Securities was assessed at 1,138,988.63 million RMB, reflecting a 24.98% increase in value [5][10]. - The transaction price was determined based on the assessed value, adjusted for cash dividends and the company's long-term investment accounting [7][8]. Group 3: Approval and Compliance - The transaction has undergone necessary decision-making and approval processes, including multiple board meetings and shareholder approvals [11][12]. - All payments have been made as per the share transfer agreement, and the transfer of shares has been duly registered [11][12]. Group 4: Management Changes - There have been changes in the management of the target company, Dongguan Securities, with new appointments made during the transaction process [13][14]. - The company has confirmed that there have been no significant changes in the management of Guangdong Jinlong Development Co., Ltd. during the transaction [13][14]. Group 5: Related Party Transactions - The transaction does not constitute a related party transaction, as the buyers, Dongguan Financial Holding Group and Dongguan Development Holding, are not affiliated with the company [10][11]. - There have been no instances of asset or fund occupation by actual controllers or related parties during the transaction process [14][15].