Guao Technology (300551.SZ) plans to sell 2% of Dongtech's shares and sign a debt and debt offsetting agreement and will lose control over it

Zhitong Finance App News, Guao Technology (300551.SZ) released a major asset sale and related transaction report (draft). The company plans to sell 2% of the shares of Donggao (Guangdong) Technology Development Co., Ltd. (Donggao Technology) held by Guao Technology to the counterparty Shanghai Muyu Enterprise Management Center (Limited Partnership) (Shanghai Muyu). The transaction price is to be preferentially deducted from the difference between the company's payment of Shanghai Muyu's remaining share purchase price and performance compensation due from Shanghai Muyu. The transaction price is 5 million yuan.

On October 14, 2024, the company signed an “Equity Transfer Agreement” with Shanghai Muyu and Oriental Gaosheng Technology Co., Ltd. (“Oriental Gaosheng”), which clearly agreed on the underlying shares involved in this transaction, the price and payment methods of the underlying shares, the underlying share delivery, profit and loss arrangements for the period, corporate governance after the delivery date, and debt offsetting.

Through this transaction, the listed company will no longer control shareholder high-tech. After the transaction was completed, the company no longer included the securities information service business segment of Donggao Technology in the scope of the consolidated statement.