Donghua Software: plans to transfer 30% equity of a joint venture company to the controlling shareholder for 115 million yuan.
Donghua Software announced that its wholly-owned subsidiary Shenzhen Zhi Gao plans to transfer 30% of its equity in Bellga, valued at 115 million RMB, to its controlling shareholder Chengxin Computer. After the transaction is completed, Shenzhen Zhi Gao will no longer hold any equity in Bellga. The transaction has been approved by the board of directors and does not require approval from the shareholders' meeting. This transaction is expected to increase the company's pre-tax profit by 1.3987 million RMB in 2026. As of the date of the announcement, the total amount of related party transactions between the company and the related party is approximately 151 million RMB.
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