Zhongcheng Co., Ltd. announced that on September 8, 2025, the company reviewed and approved the transfer of 100% shares of Yade Materials and 100% of Yade Chemical's shares through public listing. The initial listing prices were 105 million yuan and 44 million yuan respectively, for a total of 149 million yuan. Up to now, the initial listing has failed to solicit eligible intended transferees, and the company's management will carry out follow-up operations in accordance with the authorization of the board of directors.

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