Huawu Co., Ltd. (300095.SZ) plans to participate in the auction of the investment rights of Changsha Tianying and Guizhou Huawu

According to Zhitong Finance App, Huawu Co., Ltd. (300095.SZ) announced that the company plans to participate in the auction of Changsha Tianying Aviation Equipment Co., Ltd. (hereinafter referred to as “Changsha Tianying”) and Guizhou Huawu Aviation Technology Co., Ltd. (hereinafter referred to as “Guizhou Huawu”) for a total price of no more than 60 million yuan to restructure their investment interests. Changsha Tianying and Guizhou Huawu are subsidiaries within the scope of the company's original consolidated statement. Since Changsha Tianying and Guizhou Huawu entered bankruptcy and restructuring proceedings and were taken over by the bankruptcy manager Hunan Fangzhe Law Firm, the company no longer had control over Changsha Tianying and Guizhou Huawu, and Changsha Tianying and Guizhou Huawu were no longer included in the scope of the company's consolidated statements.

The total assessed value of the subject matter of this auction was RMB 167.916,900, of which the assessed value of Tianying's restructured investment equity in Changsha was RMB 99.1788 million, and the assessed value of the restructured investment rights of Huawu in Guizhou was RMB 687.381 million; the starting prices were all assessed values, and the final transaction price was based on the auction results. As of the disclosure date of this announcement, the first and second films of Changsha Tianying and Guizhou Huawu's restructuring investment rights have all been filmed.