Jinan High-Tech Development Co.Ltd(600807) plans to sell 100% equity of nqm company with 903 million yuan

Jinan High-Tech Development Co.Ltd(600807) announced that the company plans to sell 100% equity of nqm company held by CQT company, a wholly-owned subsidiary indirectly controlled by it, by means of non-public agreement transfer. The transaction consideration is 9028246 million yuan, and the transferee is Yurun gold, a wholly-owned subsidiary indirectly controlled by Jinan High-Tech Development Co.Ltd(600807) affiliated listed company Shandong Yulong Gold Co.Ltd(601028) indirectly controlled by Jinan High-Tech Development Co.Ltd(600807) affiliated listed company. This transaction constitutes a major asset restructuring. After the completion of the transaction, the listed company will focus on the main business and set out the main gold assets, which is conducive to the return of cash to support the main business of the listed company.

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