Group 1 - The core transaction involves Zhejiang Shenghua selling 193,316,930 domestic shares to Chip Cloud Intelligence at a price of HKD 0.079 per share, totaling approximately HKD 15.27 million, which represents about 38.16% of Shenghua Land's total issued shares [1] - Shenghua also agreed to sell 65,022,000 H-shares to Junran Technology at the same price of HKD 0.079 per share, amounting to approximately HKD 5.14 million, representing about 12.84% of Shenghua Land's total issued shares [1] - After the completion of these transactions, Zhejiang Shenghua will no longer hold any shares in Shenghua Land, and Shengyang will directly hold 52,578,000 H-shares, accounting for approximately 10.38% of the total issued shares [1] Group 2 - Following the completion of the transactions, the offerors and their concert parties will collectively own approximately 51.00% of Shenghua Land's total issued shares [2] - According to the takeover code, the offerors must make a mandatory unconditional offer for all remaining issued shares not already owned or agreed to be acquired by them, with the offer price for domestic shares set at RMB 0.072, equivalent to HKD 0.079, and for H-shares at HKD 0.079, which is a discount of about 20.20% from the last trading price [2] Group 3 - Shenghua Land has applied to the Stock Exchange to resume trading of H-shares starting from 9:00 AM on July 28, 2025 [3] - Chip Cloud Intelligence primarily provides chemical trading services, big data services, and AI data platform technology services, and is wholly owned by Shanghai Chip Cloud and Cloud [3] - Junran Technology focuses on technology investment, software and hardware development, and consulting services, and is wholly owned by Mr. Zhang Yi [3]