Yabang Co., Ltd. announced that the company was publicly listed for the second time on the Changzhou Stock Exchange from June 30 to July 6, 2026 to transfer 100% of Ningxia Yadong's shares and claims. Recently, it was determined that the transferee was Qingyuan Xinhao Management Consulting Co., Ltd., and the two parties signed a property rights transaction contract on July 20, with a transfer price of 74.501 million yuan. The transferee has paid a deposit of 15 million yuan, which will be paid in installments. The transaction did not constitute a connection or major asset restructuring, and after completion, the company no longer included Ningxia Yadong in the consolidated statement.

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