Guowei Holdings announced that the company's wholly-owned subsidiaries and guarantors have signed separate share transfer agreements with Shengshi Zhida and Jiutian Shengshi to sell a total of 5 million shares of Xinxingji, with a total consideration of approximately RMB 63.2 million. According to the agreement, Shengshi Zhida purchased 4.51 million shares, accounting for about 3.57% of the total shares, at a consideration of RMB 57.0484 million; in nine days, Shengshi purchased 490,000 shares, accounting for about 0.39% of the total shares, at a consideration of RMB 6.198,200.

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