Shanghai Phoenix announced that the company previously disclosed that it plans to transfer 100% of the shares and related claims of its wholly-owned subsidiary Jinkai Investment through public listing. At present, the audit and evaluation work has been completed, the evaluation results have been filed, and the transaction has entered the public listing stage. The reserve listing price is not less than 138 million yuan, and the transferee has not yet been determined.

Shanghai Phoenix announced that the company previously disclosed that it plans to transfer 100% of the shares and related claims of its wholly-owned subsidiary Jinkai Investment through public listing. At present, the audit and evaluation work has been completed, the evaluation results have been filed, and the transaction has entered the public listing stage. The reserve listing price is not less than 138 million yuan, and the transferee has not yet been determined.