Xiamen Jihong Co.,Ltd. (02603): Chairman Wang Yapeng Acquires 30% Stake in Xi'an Danjun

Stock News10-27

Xiamen Jihong Co.,Ltd. (02603) announced that its wholly-owned subsidiary, Xiamen Jikeyin E-Commerce Co., Ltd. ("Xiamen Jikeyin"), currently holds a 60% stake in Xi'an Danjun Digital Technology Co., Ltd. ("Xi'an Danjun"). To further establish a long-term incentive mechanism, optimize the subsidiary's equity structure, and promote sustained business growth, Xiamen Jikeyin plans to transfer a 5% stake in Xi'an Danjun to Chairman Wang Yapeng for RMB 1.8335 million. Concurrently, other individual shareholders, including Fan Shuaishuai, intend to sell their combined 25% stake in Xi'an Danjun to Mr. Wang for RMB 9.1674 million. Under the Company Law, Xiamen Jihong holds preemptive rights over these transactions but has decided to waive them based on Xi'an Danjun's operational status and future development plans. Post-transaction, Xiamen Jikeyin will retain a 55% stake, Chairman Wang will hold 30%, and other individual shareholders will own 15%. Xi'an Danjun remains a consolidated subsidiary of Xiamen Jihong.

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