Yonghui Supermarket: The price of selling the remaining equity of Yunjin Technology is reasonable.
Yonghui Supermarket announcement, the company has received a regulatory letter from the Shanghai Stock Exchange regarding the sale of assets and has already responded. The company's previous sales of equity in Yunkin Technology include the establishment of Yunkin Technology in 2019, and the partial sale of equity to Paihui Technology in 2024 and 2025. The pricing of this transaction is based on the results of the open market listing. Due to the lack of potential buyers, the remaining equity was ultimately transferred to Paihui Technology at a price of 80 million RMB. The company believes that selling the remaining equity at a price below book value and historical valuation is reasonable, mainly due to the decline in the performance of the target company, tightening industry regulations, and restricted liquidity of the equity.
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