Zhejiang Great Shengda sells associate stake, completes repurchase

Zhejiang Great Shengda Packaging Co., Ltd. has successfully divested its 4.1096% equity stake in Yuan Dong Zhong Qian (Xiamen) Technology Group Co., Ltd. The company confirmed it has received a total of 39,126,575.00 yuan, covering the principal investment and interest. This transaction concludes Zhejiang Great Shengda's ownership in Yuan Dong Zhong Qian.

The initial investment was made on November 5, 2021, when Zhejiang Great Shengda invested 30,000,000 yuan in Yuan Dong Zhong Qian. The decision to exercise the repurchase rights and sell the equity was formalized through a board meeting on July 31, 2025, and a subsequent share repurchase agreement signed on the same day.