Yuyuan Garden Co., Ltd. (600655.SH) plans to transfer 100% of Ningbo Xingjian's shares and claims for 150 million yuan

Zhitong Finance App News, Yuyuan Co., Ltd. (600655.SH) announced that the company and its subsidiaries intend to transfer 100% of their shares in Ningbo Xingjian Asset Management Co., Ltd. (“Ningbo Xingjian”) and claims against Ningbo Xingjian as of November 20, 2025 to Ningbo Plastics Co., Ltd. (“Ningbo Plastics”), with a total transaction consideration of 150 million yuan. After the transaction is completed, the company will no longer hold shares in Ningbo Xingjian, and Ningbo Xingjian will no longer be included in the scope of the company's consolidated statements.

With “Oriental Life Aesthetics” as the top strategy, the company continues to slim down and focus on resources, concentrates advantages and strategically focuses on core industries with high potential, high growth, high profit and high collaboration, and gradually forms an industrial cluster with unique competitive advantages that lead and create business competitiveness with cultural confidence, face global household consumption needs. This transaction is the company's normal operating behavior, which helps the company focus on its main business, revitalize existing assets, and speed up the return of capital. The terms of the transaction are based on normal commercial terms, fair and reasonable, and conform to the interests of the company and all shareholders.