Guangting Information (301221.SZ) announced that in order to deepen the company's development strategy, further focus on the main business of automotive electronic software development and service, optimize the asset structure, and improve resource utilization efficiency, the company held the 24th meeting of the third board of directors on August 2, 2024, and approved the "Proposal on Transferring Equity of a Holding Company." The Board of Directors agreed that the company will transfer its 21.4637% equity (corresponding to 14 million yuan registered capital of Zhonghaiting) of Wuhan Zhonghaiting Data Technology Co., Ltd. (hereinafter referred to as the "Holding Company" or "Zhonghaiting") to the Advanced Manufacturing Industry Investment Fund (Hubei) Limited Partnership (hereinafter referred to as the "Advanced Manufacturing Industry Hubei Fund") at a price of 4.582333 million yuan.
The company's current main business is automotive electronic software development and technical services. The long-term development strategy in the future is to focus on strengthening core business capabilities, implementing an internationalization strategy, further safeguarding the company's investment income, optimizing the company's investment structure, improving the asset quality and profitability of the listed company. The financial condition and creditworthiness of the transferee, Advanced Manufacturing Industry Hubei Fund, are good and with corresponding performance capacity, the risk of the company's inability to recover the equity transfer payment is low. The company decided to transfer the equity of Zhonghaiting. The transaction conforms to the overall development strategy planning of the listed company, helps to further improve the company's business focus, and ensures the steady growth of the company's core business market scale. After the completion of this equity transfer, the company will no longer hold the equity of Zhonghaiting. The equity transfer proceeds obtained after this transaction will supplement the company's operating capital. This transaction will not have a significant adverse effect on the company's continuing operations and current financial condition, and there is no situation that harms the interests of the listed company's shareholders, especially small and medium-sized shareholders.