Tianmai Technology plans to transfer a 90% stake in its wholly-owned subsidiary, Henan Xinmaiyan Automotive Testing, to Henan Zhiming for 436,400 yuan. The appraised value of all shareholders' equity in the target is 484,800 yuan, and the target still owes the listed company and its subsidiaries 39.4009 million yuan. The transferee will provide a loan to settle this debt before the closing, and this transaction will increase the company's cash inflow by approximately 39.84 million yuan. Since the main partner of the transferee, Guo Jianguo, holds a 23.63% stake in the company, and the company's director and general manager, Liu Hongyu, is his son-in-law, this transaction constitutes a related-party transaction and still needs to be submitted to the shareholders' meeting for deliberation, with Guo Jianguo recusing himself from voting. After the transaction is completed, the target company will no longer be included in the consolidated financial statements, and it is expected not to affect the company's current profit or loss.
Zhengzhou Tiamaes Technology Co LtdThe company will receive approximately 39.84 million yuan in cash inflow from the related-party transaction, improving liquidity.