Yatai Group announced that the company plans to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% of its shares to Changchun Financial Holdings or its designated subsidiary. This transaction constitutes a major asset restructuring. Currently, the shareholder qualifications of the transferee securities company still need to be confirmed, and there is uncertainty about the progress of related matters; the company is still in the pre-restructuring process. If the restructuring application is decided and accepted, the transaction may be suspended or terminated. The company will fulfill its decision approval and information disclosure obligations based on the progress of the transaction.

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