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Jifeng Technology (300022.SZ) plans to transfer 59.58% of the shares in the subsidiary Jifeng, Hexi, Gansu
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Zhitong Finance App News, Jifeng Technology (300022.SZ) issued an announcement. Based on the overall development plan, the company transferred 59.5799% of the shares of Gansu Hexi Jifeng Agricultural Machinery Co., Ltd. (hereinafter referred to as “Gansu Hexi Jifeng” or the “target company”) held by the wholly-owned subsidiary Sichuan Jifeng Agricultural Machinery Chain Co., Ltd. (hereinafter referred to as “Jiuquan Zhulong”) to Jiuquan Zhulong Machinery Manufacturing Co., Ltd. (hereinafter referred to as “Jiuquan Zhulong”) with a transaction consideration of 1.3 million yuan. After the transaction was completed, Jifeng Chain no longer held shares in Hexi Jifeng in Gansu, and Gansu Hexi Jifeng was no longer included in the scope of the company's consolidated statements.

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