Ronglian Group Ltd(002642) : Announcement on the progress of partial equity transfer of wholly-owned subsidiaries

Securities code: 002642 securities abbreviation: Ronglian Group Ltd(002642) Announcement No.: 2022-002 Ronglian Group Ltd(002642)

Announcement on progress of partial equity transfer of wholly owned subsidiaries

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Ronglian Group Ltd(002642) (hereinafter referred to as “the company” or “the transferor”) convened the 28th meeting of the Fourth Board of directors on September 27, 2019, and deliberated and adopted the proposal on the company’s sale of part of the equity of wholly-owned subsidiaries, It is agreed that the company will transfer 81% of the equity of its wholly-owned subsidiary Beijing Car Network Interconnection Technology Co., Ltd. (hereinafter referred to as “car network interconnection”) at a price of RMB 668280708 to Chengdu weisige Technology Co., Ltd. (hereinafter referred to as “weisige” or “Transferee”).

As of November 30, 2019, the company has received the first equity transfer payment of 13365614.16 yuan paid by weisige according to the equity transfer agreement. Meanwhile, both parties indicated that they would continue to perform and implement this transaction in accordance with the equity transfer agreement.

See details above on cninfo.com on October 8, 2019 and November 30, 2019 respectively( http://www.cn.info.com..cn. )The announcement on the company’s sale of partial equity of wholly-owned subsidiaries (Announcement No.: 2019-069) and the announcement on the progress of partial equity transfer of wholly-owned subsidiaries (Announcement No.: 2019-084) disclosed.

The latest progress is announced as follows:

According to the equity transfer agreement, the transferee shall pay 30% of the equity transfer amount, i.e. 20048421.24 yuan, to the account designated by the transferor before December 31, 2021. As of December 31, 2021, the company has received the second equity transfer of RMB 20048421.24 on schedule. Meanwhile, both parties indicated that they would continue to perform and implement this transaction in accordance with the equity transfer agreement.

The company will pay close attention to the follow-up progress of the above related matters and fulfill the obligation of information disclosure in time. Please pay attention to the investment risks.

It is hereby announced.

Ronglian Group Ltd(002642) board of directors January 4, 2002

 

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