Zhangzi Island announced that it intends to transfer related inefficient idle assets to Dalian Haifa Cultural Tourism Industry Development Co., Ltd. through a non-disclosure agreement. The transferred assets include land use rights, housing buildings, structures, etc. located at the former Company Seedling Plant No. 2 in Zhangzidao Town, Changhai County. According to the evaluation report, the book value of the assets included in the scope of this assessment was 2.3831 million yuan, the assessed value was 115.551 million yuan, and the value-added rate was 384.89%. The transaction price was RMB 11.5551 million including tax. It is estimated that the trading company will be able to recover 115.551 million yuan in working capital, and is expected to increase net assets attributable to shareholders of the listed company by about 7.37 million yuan.

Zhangzi Island announced that it intends to transfer related inefficient idle assets to Dalian Haifa Cultural Tourism Industry Development Co., Ltd. through a non-disclosure agreement. The transferred assets include land use rights, housing buildings, structures, etc. located at the former Company Seedling Plant No. 2 in Zhangzidao Town, Changhai County. According to the evaluation report, the book value of the assets included in the scope of this assessment was 2.3831 million yuan, the assessed value was 115.551 million yuan, and the value-added rate was 384.89%. The transaction price was RMB 11.5551 million including tax. It is estimated that the trading company will be able to recover 115.551 million yuan in working capital, and is expected to increase net assets attributable to shareholders of the listed company by about 7.37 million yuan.