CCOOP Group shares to transfer under same control

CCOOP Group announced that shareholder China National Coop Commerce Group (CNCCG) has agreed to transfer 11,539,677 shares to Chifeng New Cooperative Supermarket in order to settle debts. The transfer, equivalent to 0.06% of CCOOP Group’s total shares, will increase CNCCG’s holding to 458,570,415 shares (2.54%). The transfer is between entities under the same controlling shareholder, Beijing Zhonghe Nongxin Enterprise Management Consulting Co., Ltd., meaning no change in ultimate control of CCOOP Group. The debt being offset totals CNY 7,449.056494 million, with shares valued at CNY 3.00 per share. The transfer is subject to Shenzhen Stock Exchange compliance review and registration with China Securities Depository and Clearing Corporation Limited.