Meichen Technology announced that the company plans to transfer 100% of its shares in Hangzhou Saishi Garden Group Co., Ltd. through a public listing at the Shandong Property Exchange Center. This transaction constitutes a major asset restructuring. After completion, it will no longer hold shares in Saishi Garden and divest the source of core losses. As of the announcement disclosure date, all the financial audits and asset evaluation work involved in this transaction have been completed. The project has been officially listed at the Shandong Property Exchange Center. The listing period is from October 16, 2026 to November 13, 2026, and the initial listing reserve price is 1 yuan. The transaction still needs to be submitted to the company's board of directors and shareholders' meeting for review, and there is uncertainty about whether it can obtain a qualified transferee and pass approval.

Meichen Technology announced that the company plans to transfer 100% of its shares in Hangzhou Saishi Garden Group Co., Ltd. through a public listing at the Shandong Property Exchange Center. This transaction constitutes a major asset restructuring. After completion, it will no longer hold shares in Saishi Garden and divest the source of core losses. As of the announcement disclosure date, all the financial audits and asset evaluation work involved in this transaction have been completed. The project has been officially listed at the Shandong Property Exchange Center. The listing period is from October 16, 2026 to November 13, 2026, and the initial listing reserve price is 1 yuan. The transaction still needs to be submitted to the company's board of directors and shareholders' meeting for review, and there is uncertainty about whether it can obtain a qualified transferee and pass approval.