According to the Zhitong Finance App, Jinlong Co., Ltd. (000712.SZ) announced that the company holds 300 million shares of Dongguan Securities (20% of the total share capital of Dongguan Securities). In order to reduce the company's balance ratio and optimize the company's financial structure, accelerate the company's transformation into a new productivity industry, and ensure the company's sustainable development, the company plans to transfer 300 million shares of Dongguan Securities (20% of the total share capital of Dongguan Securities). The transaction is expected to constitute a major asset restructuring. The counterparty to this transaction must pay the transaction price by means of cash payment.

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