Dashi Smart announced on the evening of June 9 that it intends to terminate the PPP project cooperation of Hongze District People's Hospital and transfer 69.7673% of the company's shares in the project company to the designated party of the government, Jiangsu Hongzehu Construction Investment Group Co., Ltd. Up to now, the book value of the long-term equity investment formed by the company's investment in the project company is 329 million yuan, and the book value of accounts receivable arising from the project is 158 million yuan. Since the operation of the project company has experienced major difficulties, the value of the above two assets will suffer significant losses due to the equity transfer and debt restructuring matters. At the same time, if implemented, this matter will also lift the company's syndicated guarantee liability to the project company, involving an amount of about 817 million yuan.

Dashi Smart announced on the evening of June 9 that it intends to terminate the PPP project cooperation of Hongze District People's Hospital and transfer 69.7673% of the company's shares in the project company to the designated party of the government, Jiangsu Hongzehu Construction Investment Group Co., Ltd. Up to now, the book value of the long-term equity investment formed by the company's investment in the project company is 329 million yuan, and the book value of accounts receivable arising from the project is 158 million yuan. Since the operation of the project company has experienced major difficulties, the value of the above two assets will suffer significant losses due to the equity transfer and debt restructuring matters. At the same time, if implemented, this matter will also lift the company's syndicated guarantee liability to the project company, involving an amount of about 817 million yuan.