Xinning Logistics announced that on May 29, 2026, the company reviewed and passed a bill to transfer 43% of the shares of the participating company Hong Kong Xinning. Following a public listing, Sunuo Technology acquired the shares through an auction of 8.34 million yuan. As of the disclosure date of the announcement, Shenzhen Xinning, a subsidiary of the company, had signed a “Property Transaction Contract” with Sunuo Technology, received 8.34 million share transfers, and obtained a stamp certificate to transfer 43% of Hong Kong's Xinning shares. The equity transfer has all been completed, and the company no longer holds shares in Hong Kong Xinning.

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