Rongfeng Holdings announced that Shengshida, the controlling shareholder of the company, signed a share transfer agreement with Guangzhou Xintu. Shengshida plans to transfer the company's 45.721 million unrestricted tradable shares at a price of 18.63 yuan/share, accounting for 29.99% of the company's total share capital, and the total transfer price is about 840 million yuan. On the premise that this share transfer is completed, Guangzhou Xintu plans to launch a partial offer for all shareholders other than itself. It plans to acquire 7,5297 million shares, accounting for 5.01% of the company's total share capital. The offer price is 18.63 yuan/share. Shengshida promised to pre-accept the offer with the corresponding shares it holds. The share transfer still needs to be confirmed by the Shenzhen Stock Exchange. The tender offer has not yet taken effect, and there is uncertainty.

Rongfeng Holdings announced that Shengshida, the controlling shareholder of the company, signed a share transfer agreement with Guangzhou Xintu. Shengshida plans to transfer the company's 45.721 million unrestricted tradable shares at a price of 18.63 yuan/share, accounting for 29.99% of the company's total share capital, and the total transfer price is about 840 million yuan. On the premise that this share transfer is completed, Guangzhou Xintu plans to launch a partial offer for all shareholders other than itself. It plans to acquire 7,5297 million shares, accounting for 5.01% of the company's total share capital. The offer price is 18.63 yuan/share. Shengshida promised to pre-accept the offer with the corresponding shares it holds. The share transfer still needs to be confirmed by the Shenzhen Stock Exchange. The tender offer has not yet taken effect, and there is uncertainty.