Yunnan Jinggu Forestry gets asset donation, secures loan from controlling shareholder

Yunnan Jinggu Forestry has received a donation of 51% equity in Shanghai Bodashuzhi Technology from its controlling shareholder, Zhou Dafu Investment. This zero-consideration transaction aims to enhance the company's continuous operational capabilities and optimize its business structure. Following the donation, Shanghai Bodashuzhi Technology will be consolidated into Yunnan Jinggu Forestry. Its primary assets are intelligent computing server equipment, generating revenue of 6,406,142.85 yuan.

Concurrently, Yunnan Jinggu Forestry secured a 60,000,000 yuan loan from Zhou Dafu Investment with a one-year term and an annual interest rate of 3.00%. This loan is intended to supplement daily working capital and does not require collateral or guarantees. Both the asset donation and the loan have been approved by the board of directors and independent directors. An extraordinary general meeting will be convened to approve the asset donation.