Nike: transfer 40% equity of subsidiary and waive right of first refusal for capital increase.

In the announcement, Denic plans to transfer 40% of the equity of its wholly-owned subsidiary Xiamen Denic Intelligent Transportation Technology Co., Ltd. to Guangzhou Shujin Internet Technology Co., Ltd. for RMB 4 million. After the equity transfer is completed, Intelligent Transportation intends to increase its registered capital by RMB 6 million, with Shujin Internet subscribing for the additional registered capital with RMB 6 million. The company waives its preferential subscription rights. After the completion of this transaction, the company's shareholding in Intelligent Transportation will change from 100% to 37.50%, and Intelligent Transportation will no longer be included in the company's consolidated financial statements.