Jinlongyu: Plan to transfer 50% equity of both Kellogg Shanghai and Kellogg Kunshan to Mars China.
Golden Dragon Fish announced that the board of directors convened on January 14, 2026 to approve the transfer of 50% equity of both Jia Le Shi Shanghai and Jia Le Shi Kunshan to Mars Wrigley Confectionery Limited. The transaction prices were set at 45 million US dollars and 15 million US dollars respectively. After the completion of this transaction, the company will no longer hold any equity in the two companies, and it is expected to have an impact of more than 10% on the company's earnings in 2026, exceeding the audited net profit attributable to the parent company in 2024.
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