Weihua Corp to sell Sichuan stake, buy office in related transaction

Guangdong Weihua Corp (SZSE:002240) announced a dual transaction involving its subsidiary Sichuan Shengtun Technology Co., Ltd on March 21, 2025. Weihua Corp will first sell its 50% equity stake in Sichuan Shengtun to its controlling shareholder, Shenzhen Shengtun Group, for RMB 100 million. Concurrently, Weihua Corp intends to purchase two office buildings from Sichuan Shengtun for no more than RMB 80 million.