Zhitong Finance App News, Antai Group (600408.SH) issued an announcement. The company previously intended to transfer part of the shares of Shanxi Jiexiu Xinyugou Zuozegou Coal Industry Co., Ltd. held by Mr. Yang Ruiping and his affiliates in cash or other means, and the parties signed a “Letter of Intent to Transfer Shares”. Since signing the letter of intent, the parties have actively promoted the work arrangements related to this transaction. Up to now, the company has completed on-site research and preliminary due diligence on the target company, and discussed specific matters of cooperation between the two parties. After the target company has completed preliminary matters related to equity regulation and integration, the parties have discussed and signed a formal transaction agreement. According to the letter of intent, all parties should aim to complete this transaction by the end of April 2025.

Zhitong Finance App News, Antai Group (600408.SH) issued an announcement. The company previously intended to transfer part of the shares of Shanxi Jiexiu Xinyugou Zuozegou Coal Industry Co., Ltd. held by Mr. Yang Ruiping and his affiliates in cash or other means, and the parties signed a “Letter of Intent to Transfer Shares”. Since signing the letter of intent, the parties have actively promoted the work arrangements related to this transaction. Up to now, the company has completed on-site research and preliminary due diligence on the target company, and discussed specific matters of cooperation between the two parties. After the target company has completed preliminary matters related to equity regulation and integration, the parties have discussed and signed a formal transaction agreement. According to the letter of intent, all parties should aim to complete this transaction by the end of April 2025.