Tieling Newcity Investment Holding (Group) Limited(000809) : the controlling shareholder intends to transfer 25% of the shares and resume trading by publicly soliciting the transferee

Tieling Newcity Investment Holding (Group) Limited(000809) announced that the controlling shareholder Tieling finance and economics plans to transfer its 25% shares through public solicitation of the transferee. The transfer price of this public solicitation will not be less than 3.71 yuan / share. If the share transfer is approved and implemented, the controlling shareholder and actual controller of the company may change. The trading of the company’s shares will resume from January 28.