Huasheng Co., Ltd. announced that the company plans to sell all the stock assets currently held by Xiangcai Co., Ltd. through centralized bidding transactions. Up to now, the company holds 10.4752 million shares of Xiangcai Co., Ltd., with a shareholding ratio of 0.37%. The company's board of directors has reviewed and passed the bill, and it still needs to be submitted to the shareholders' meeting for consideration. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. The company said that this sale of stock assets is conducive to optimizing the company's asset structure, revitalizing and monetizing existing assets, and improving the liquidity and use efficiency of the company's assets.

Huasheng Co., Ltd. announced that the company plans to sell all the stock assets currently held by Xiangcai Co., Ltd. through centralized bidding transactions. Up to now, the company holds 10.4752 million shares of Xiangcai Co., Ltd., with a shareholding ratio of 0.37%. The company's board of directors has reviewed and passed the bill, and it still needs to be submitted to the shareholders' meeting for consideration. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. The company said that this sale of stock assets is conducive to optimizing the company's asset structure, revitalizing and monetizing existing assets, and improving the liquidity and use efficiency of the company's assets.