Jingwei Huikai announced that the board of directors of the company reviewed and passed a bill to sell 100% of the shares of the wholly-owned subsidiary Xinhuikai Technology (Shenzhen) Co., Ltd., and plans to transfer shares to Shenzhen Zhuoyue Zhichuang Technology Co., Ltd. for 129 million yuan. There is no need to submit this transaction to the shareholders' meeting for review. After the transaction is completed, Shenzhen Xinhuikai will no longer be included in the scope of the company's consolidated statements.

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