Guolian Aquatic Products: Progress in the related party transaction of selling subsidiary equity, remaining acquisition funds of 1.78 billion yuan.
Guolian Fishery announced that in 2025, the company will transfer 100% equity of its wholly-owned subsidiary Xinying Food to the controlling shareholder Xinyu Guotong, through a debt-based acquisition. Xinyu Guotong is required to pay a total of 315 million yuan. On December 29, 2025, Xinyu Guotong paid a portion of the equity transaction funds totaling 17.7207 million yuan. On December 31, Xinying Food added 2.4904 million yuan in debt to the company and completed the registration of equity changes with the industrial and commercial bureau. In April 2026, the company plans to transfer a debt of 82.127 million yuan owed to Dazhang Industry to Xinyu Guotong and offset the debt with assets. On April 24, Xinyu Guotong made an additional payment of 40 million yuan. As of the date of the announcement, the remaining balance of the debt-based acquisition payment is 178 million yuan, and Xinyu Guotong is actively raising funds to make the payment.
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